BREAKING: Nigeria’s economy growing, says Wale Edun

The Nigerian economy is experiencing a positive growth rate of 2.99 percent surpassing the 2.3 percent growth seen in the first quarter of 2023.made this known during the presentation of his ministry’s performance, one year into the administration of President Bola Tinubu in Abuja on Tuesday, May 27.

Edun noted that agriculture, a critical sector of the economy, is showing marginal growth. This sector’s progress is expected to play a significant role in combating inflation, especially through a favourable wet season harvest that should stabilize food prices. By managing the food price index effectively, the government aims to alleviate one of the major pressure points on inflation.

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