Nigeria’s economy rebounding under Tinubu’s reforms — Minister
The Coordinating Minister of the Economy and Minister of Finance, Wale Edun, has said that the country’s economy is showing strong signs of recovery following a series of bold reforms introduced by President Bola Tinubu.
Speaking with State House correspondents after briefing the President on the current state of the economy on Thursday, Edun said the economic indicators are pointing upward, with Nigeria recording a 4.3 per cent GDP growth, the highest in a decade.
The minister explained that the growth spans 13 key sectors, demonstrating the broad impact of the government’s reform agenda.
“The economy is rebounding and responding positively to the measures taken by the Tinubu administration,” Edun stated.
According to him, investor confidence in the country has risen significantly, as reflected in the over-subscription of Nigeria’s Eurobond issuance by $13 billion.
He added that inflation is “beginning to taper down,” signalling a gradual stabilisation of prices and improvement in purchasing power.
Edun also highlighted Nigeria’s exit from the Financial Action Task Force Grey List, describing it as a major milestone that strengthens the country’s global financial standing.
“These achievements show that President Tinubu’s economic reforms are working. We are seeing tangible results in growth, confidence, and fiscal stability,” he said.
The minister reaffirmed the administration’s commitment to sustaining economic growth, enhancing productivity across all sectors, and ensuring that reforms translate into real benefits for Nigerians.
Ardo Zubairu
National Secretary
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