Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has declared that the removal of fuel subsidies and foreign-exchange reforms have strengthened public finance, improved confidence, and redirected national resources towards citizens and productive investment.
Edun also restated the federal government’s commitment to disciplined fiscal reforms, transparency, and private sector-driven growth under President Bola Tinubu’s Renewed Hope Agenda. He spoke in Akure at the South West Stakeholders Dialogue.
His remarks came as World Bank Country Director for Nigeria, Matthew Verghis, said Nigeria was at a turning point, with clear signs of macroeconomic stability emerging from government’s ongoing reform efforts.
Speaking yesterday in Abuja, at the second edition of BoI Development Lecture Series, Verghis pointed to easing inflation, rising reserves, and growing industrial confidence as evidence that policy consistency and fiscal discipline were beginning to yield tangible results.
Similarly, Chairman, Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, said the country escaped a major economic crisis through the implementation of bold economic and tax reforms initiated by the Tinubu administration.
