Minister of Finance and Coordinating Minister of the Economy, Olawale Edun, emphasized the necessity of ongoing reforms initiated by the Tinubu Administration, acknowledging the temporary hardships they might cause.

Edun assured that delaying or avoiding these reforms would have been costlier for the country in the long run. He emphasized the administration’s commitment to sustaining these reforms, envisioning enhanced economic potential for Nigeria.

The government aims to boost investor confidence, presenting a comprehensive plan focused on both domestic and foreign investment in key sectors of the economy.

Amid difficulties accompanying the reforms, Edun assured that the administration remains resolute in pursuing rapid economic growth, job creation, poverty reduction, and macroeconomic stability.

Transparency and accountability will be pivotal, with plans to publish comprehensive fiscal policies, conduct regular public expenditure audits, and engage the public in the budgeting process.

Efficient cash management, debt protocols, and adherence to the rule of law are priorities to optimize fund utilization and ensure responsible spending.

President Tinubu, represented at an event by the Minister of Information and National Orientation, Mohammed Idris, emphasized the administration’s dedication to economic growth, job creation, and mitigating post-subsidy removal challenges. He highlighted key intervention programs aimed at improving Nigeria’s economic landscape.