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Home » Finance Minister Says No Going Back On Forex, Subsidy Reforms
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Finance Minister Says No Going Back On Forex, Subsidy Reforms

Abimbola OgunaikeBy Abimbola OgunaikeNovember 5, 2024No Comments8 Views
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The Minister of Finance and Coordinating Minister of the Economy, Wale Edun,  has stated that there is no going back on the current administration’s reforms in the forex and oil and gas sectors.

Edun stated this on Monday, 4 November, 20234 when he received the newly assigned Minister of State for Finance, Doris Uzoka Anitez at the Ministry’s headquarters.

 “Nigeria now have a foreign exchange rate that is market based and also a deregulated oil market pricing which are two reforms that are long overdue over many decades that President Tinubu is currently implementing.

 “Nigeria now have a foreign exchange rate that is market based and also a deregulated oil market pricing which are two reforms that are long overdue over many decades that President Tinubu is currently implementing.

“Therefore, as co-ordinating Minister of Economy, we stand on a threshold of a new dawn to implement these reforms and increase productivity, create jobs and reducing poverty and we are glad to have a minister of state that will help in actualizing the President’s reforms,” he said.

According to him, consultation and collaboration is key to achieving these key reforms both from public and private sector, stressing that ongoing economic policies are showing sustainability and sign of success.

The Minister of State for Finance, in her response, restated her commitment to work with stakeholders in both private and public sectors to ensure economic growth is materialized.

FOREX Subsidy Removal Tinubu Wale Edun
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Abimbola Ogunaike

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