Tinubu Aims to Boost Economy with $10 Billion Injection

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President Bola Tinubu announced plans to secure $10 billion to bolster foreign exchange liquidity, stabilize the naira, and foster economic growth.

Speaking at the public wealth management conference in Abuja organized by the Ministry of Finance Incorporated (MOFI), Tinubu highlighted the necessity of leveraging government-owned assets valued at trillions of naira to achieve these goals.

Vice President Kashim Shettima, representing President Tinubu, outlined strategies to generate millions of jobs by unlocking Nigeria’s vast public assets. The newly restructured Ministry of Finance Incorporated will play a central role in managing these assets to maximize returns.

Tinubu’s vision includes directing enhanced returns towards critical sectors such as education, healthcare, housing, power, and infrastructure development. By prioritizing these areas, the administration aims to uplift millions out of poverty.

Source: Parrot Nigeria

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