Nigeria’s economy has reached a pivotal moment, positioning itself to attract new investments, according to Mr. Wale Edun, the Minister of Finance and Coordinating Minister of the Economy. He made this announcement while welcoming Dr. Doris Uzoka-Anite, the new Minister of State for Finance, during a ceremony in Abuja.
Mr. Edun emphasized that two critical reforms—the removal of the fuel subsidy and the establishment of a market-determined foreign exchange rate—have opened up the Nigerian economy to investors.
He stated, “All will be well as we go forward together to help complete the ongoing economic reforms, which are demonstrating sustainability and signs of success.”