- President Bola Tinubu-led federal government has commended Nigerians for enduring the challenges that come with his economic reforms
- Wale Edun, Tinubu’s minister of finance, made the commendation, made the commendation while appearing before the Senate Committee on Finance
- Edun, in his statement, expressed confidence that the policy on fuel subsidy removal and floating of naira has started heeding results
The Federal Government of Nigeria has expressed gratitude to its citizens for their endurance during economic reforms. Minister of Finance Wale Edun made this statement during an interactive session with the Senate Committee on Finance.
Edun noted that reforms on market-based pricing for Premium Motor Spirit (PMS) and foreign exchange have started yielding results. These reforms aim to restore fiscal viability and attract investments.
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Tinubu’s minister says economic reforms heeding results
According to Channels TV, Edun noted that the positive indicators emerging from these reforms will lead to additional government revenue, a recovery of NNPC’s finances, and job creation.
His statement reads in part:
“These two pillars of the economic reforms that have taken positive shape now portends additional revenue for the government, recovery of the finances of NNPCL and a strong basis for growing the economy, in terms of attracting investment and creating of jobs.
“I think we need to commend Nigerians for staying the cause to this stage of getting benefits.”
Reforms reforms: Senate calls for transparency
Senate Committee Chairman, Senator Sani Musa, emphasized the importance of transparency and accountability in managing national resources. The session focused on key areas such as crude oil sales to domestic refineries and revenue remittances.
Attendees included NNPC’s GCEO Mele Kyari, NUPRC’s Director General Gbenga Komolafe, and representatives from the Central Bank. Senate President Godswill Akpabio joined the session later, underscoring the collaboration between stakeholders to ensure responsible management of Nigeria’s economy.
Wike speaks on Tinubu’s promises to FCT residents
Legit.ng earlier reported that Nyesom Wike, the minister of the FCT, has maintained that President Bola Tinubu’s promises to Abuja residents are being fulfilled.
The FCT minister emphasised that fulfilling promises to the people increased their confidence in the government.
Wike made the comment while inspecting some projects in Abuja on Thursday, November 7, adding that the projects would be handed over to the FCTA after completion.
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Source: Legit.ng
