The Finance Minister, Wale Edun, has said that the government will not reverse its reforms in foreign exchange and the oil and gas sector introduced by President Bola Tinubu.
Edun made this statement while welcoming the new Minister of State for Finance, Doris Uzoka Anite, to the ministry’s headquarters on Monday.
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He explained, “Nigeria now has a foreign exchange rate set by the market and a deregulated oil market. These are reforms that should have happened many years ago, and President Tinubu is now implementing them.”
Edun said that as the Minister responsible for coordinating the economy, he is committed to moving these reforms forward to boost productivity, create jobs, and reduce poverty. He welcomed the support of the new Minister of State in making these goals a reality.
He added that working closely with both the public and private sectors is essential to successfully carry out these reforms, noting that current economic policies are already showing positive results.
In her response, the Minister of State for Finance expressed her commitment to collaborating with all stakeholders to ensure economic growth.