Wale Edun assures Nigerians of improved welfare, growth in GDP
Minister of Finance and Coordinating Minister of the Economy Mr Wale Edun, said Nigerians should expect significant improvements in the overall economic performance.
Edun said ongoing government initiatives would put an end to hyperinflation and a decade-long decline in Gross Domestic Product (GDP) per capita.
He spoke at the retreat of the Presidential Committee on Fiscal Policy and Tax Reforms in Abuja.
According to him, the era of GDP per capita falling by 30 per cent over the past 10 years is over with the president’s ‘Renewed Hope Agenda’.
Edun noted that the government’s agenda would “create jobs, reduce poverty, control micro and macroeconomic policies, attract investors, stabilize the exchange rate and drive the economy to reduce poverty to the lowest level”.
He noted that although the removal of fuel subsidy has slowed down the economy, interventions have been put in place to cushion the pains of reform and correct subsidy leakages.
Edun reminded members of the Presidential Committee on Fiscal Policy and Tax Reforms of Tinubu’s 30-day deadline to deliver something tangible on their assignment, urging them to fast-track their assignment as there was no time to waste.
