Wale Edun, the Coordinating Minister of the Economy and Minister of Finance, asserts that the changes implemented by the current administration in the oil and gas and FX industries cannot be undone.
When he welcomed Doris Uzoka Anitez, the recently appointed Minister of State for Finance, at the Ministry’s offices on Monday, Edun made this clear.
President Tinubu is currently enacting two long-delayed changes that have been long overdue for many decades: Nigeria now has a market-based foreign currency rate and deregulated oil market pricing.
As the co-ordinating minister of economy, we are therefore at the cusp of a new era to put these reforms into effect and boost productivity, generate employment, and lessen poverty.
We are also happy to have a minister of state who will assist in making the President’s reforms a reality,” he said. He emphasised that current economic policies are demonstrating sustainability and success, and that consultation and cooperation are essential to accomplishing these important reforms from the public and private sectors.
In his response, the Finance Minister reaffirmed his resolve to collaborate with both public and private sector stakeholders to guarantee that economic growth is realised.
