The Federal Government has reaffirmed its resolve to showcase the progress made so far in the Nigerian economy to woo foreign investors into the country to improve the lives of Nigerians.
This was disclosed by the Minister of Finance and Co-ordinating Minister of the Economy, Mr Wale Edun, in Washington DC.
The Minister said, “The Economic Team of President Bola Ahmed Tinubu is here to showcase the progress so far made of his bold, courageous, and strategic reforms for the Nigerian economy to get it stabilised to attract foreign investment, create jobs for our people, reduce poverty and enhance our economic growth and development in line with the Renewed Hope Agenda of the President Bola Ahmed Tinubu-led Administration.
“We have all seen what has happened in terms of stabilising the exchange rate and inflation, which is now heading in the right direction”.
He added; “If you look closely at the numbers that came out, especially from Monday, you will see that there is a slowing of the rate of increase of food inflation; things are moving in the right direction, government revenues are up, even oil revenues are up but not as much as we will like. But I assure you that with our resilience, we will get there”.
Edun explained that he is in Washington DC alongside the Permanent Secretary of the Federal Ministry of Finance Mrs Lydia Shehu Jafiya, the Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, and other key government officials to show the gains made so far in the Nigerian economy to the World.
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