The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, acknowledged that the current administration led by President Bola Tinubu inherited the challenge of escalating food and commodity prices from the previous government.
He assured the public that efforts are being made to reduce the cost of food items and address the high inflation rate in the nation.
The finance minister made this announcement on Tuesday during the Public Wealth Management Conference held in Abuja, the capital city of the nation.
The finance minister reassured the public that the Federal Government is aware of the hardships faced by Nigerians and has implemented measures to help alleviate their suffering.
