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Wale Edun, Minister of Finance and Coordinating Minister of the Economy, has expressed optimism about Nigeria’s economic trajectory during the Ministerial Sectorial Press Briefing series in Abuja.
He highlighted the country’s economic growth, citing the recently released first-quarter GDP results, which showed a 2.98% increase, surpassing population growth and last year’s figures.
Edun attributed this progress to President Tinubu’s policies, programs, and strategies, which have put the country on the right path towards economic resilience.
The minister emphasised the potential of agriculture in driving growth and reducing inflation, noting that the sector is yet to reach its full potential.
According to him, “there is great room for optimism because these figures that we are looking at, agriculture and the potential it has to help move the country forward and reduce inflation is yet to come to the table.”
He also acknowledged the challenges and pain caused by the removal of fuel subsidies and foreign exchange reforms but reiterated the long-term benefits, including job creation and poverty reduction.
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