Plan To Stabilise Economy Before Tinubu – Finance Minister

Finance Minister, Wale Edun, has reiterated the Federal Government’s plan to boost the nation’s economy and create more jobs for Nigerians.

Wale, who is also the Coordinating Minister for the Economy, said the Economic Stabilisation Plan which is currently before President Bola Tinubu will address the challenges of businesses in the country.“Help will be given to farmers, and consumers. There is also help for small businesses, medium-sized scale businesses.

Inflation in Africa’s most populous nation has been spurred by President Bola Tinubu’s administration slashing petrol and electricity subsidies and devaluing the local naira currency . But the minister is giving an assurance that the current administration is working to reduce the inflation rate in the country.“What we can look forward to in the weeks and months to come is an improvement in the situation. We can expect that food prices will come down, food availability will increase.

“That is the commitment and focus of government. Not only have we put in place a very robust and transparent system for paying people directly, we are also looking at looking at food availability,” he stated.Why Some Multinationals Are Leaving Nigeria — Finance Minister

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tinubu has made conscious effort to stabilise economy — ShaibuFormer Deputy Governor of Edo, Mr Philip Shaibu, on Tuesday said that in the past one year President Bola Tinubu has made visible and conscious to stabilise the nation’s economy.
Source: vanguardngrnews - 🏆 5. / 75 Read more »

@VANGUARD ECONOMIC DISCOURSE: How Nigeria can earn more forex, stabilise naira, by expertsFollowing continuous fluctuations in the exchange rate and depreciation of the nation’s currency, economy experts have called for bold pro-business reforms to enhance dollar supply and build huge external reserves as the keys to achieving stability of the Naira and halt the rising trend in inflation. Naira records mixed performance.
Source: vanguardngrnews - 🏆 5. / 75 Read more »

UEFA Champions League final to boost London’s economy by £53mThis weekend’s UEFA Champions League final between Real Madrid and Borussia Dortmund will offer London a major boost.
Source: GuardianNigeria - 🏆 1. / 94 Read more »