Nigeria’s Finance Minister, Wale Edun, has declared the country’s macroeconomic environment stable and conducive to investment. Speaking at the National Council on Finance and Economic Development conference in Bauchi, he credited recent reforms by President Bola Tinubu’s administration for halting economic losses, including those from fuel and foreign exchange subsidies. These changes aim to attract both local and foreign investors, fostering industrialization and lifting millions out of poverty.
Edun emphasized that the government’s focus on stabilizing the economy and increasing productivity has paved the way for sustainable growth. He noted significant progress in the petroleum refining sector, which now supports local production and export opportunities. The reforms, he said, create a more inclusive economy that benefits a larger share of Nigerians.
Bauchi State Governor, Bala Mohammed, highlighted the importance of collaboration in addressing economic challenges and expressed pride in hosting the event after 17 years. He urged attendees to engage constructively to further Nigeria’s financial and economic progress.
