Benefits of Tinubu's Economic Reforms Will Be Felt Soon - Finance Min. Wale Edun

Date: 13-06-2024 9:13 am (1 month ago) | Author: kacy lee
- at 13-06-2024 09:13 AM (1 month ago)

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, expressed optimism about the benefits of recent reforms implemented by the Tinubu-led administration.

 In an interview with Arise TV during the celebration of Nigeria’s Democracy Day at the Eagle’s Square in Abuja on June 12, Edun stated that the positive impacts of these reforms would soon be evident.

He mentioned that funding is being distributed to enable people to access money for market purchases, which is expected to boost economic activity and improve the livelihood of Nigerians.

He said;

““There is hope for better days to come. We are on the right track. We have turned the economy around and now the benefits are about to be felt by Nigerians. That is the commitment of President Bola Ahmed Tinubu.

Food distribution is underway, and in addition to that we have revamped and started direct payments to individuals to cover 75 million Nigerians at the end of the day, and that process has integrity, transparency and visibility.

“And it’s just a question of speeding it up, scaling it up. We know that before it was not what it should have been but it was stopped in the interest of integrity. But now, funding is being rolled out that will allow people to take money to go to the market and buy.

“And at the same time, there is tremendous focus on food production. That is the key area to focus on now because the economy has been put on track. People must feel it and must feel it soon.

“And Mr. President is aware of that and committed to that, he’s a man of the people, he’s from the grassroots.”

Posted: at 13-06-2024 09:13 AM (1 month ago) | Addicted Hero
- fineboy77 at 13-06-2024 09:22 AM (1 month ago)
Still on soon

Posted: at 13-06-2024 09:22 AM (1 month ago) | Addicted Hero
- gogoman at 13-06-2024 09:43 AM (1 month ago)
Online (m)
it should take at least 4 years!! na so e suppose be cos real investments don't yield over night success
Posted: at 13-06-2024 09:43 AM (1 month ago) | Grande Master
- kp45 at 13-06-2024 04:50 PM (1 month ago)
Posted: at 13-06-2024 04:50 PM (1 month ago) | Addicted Hero
- Baye77 at 13-06-2024 06:16 PM (1 month ago)
You've not turned anything around, you are only taxing Nigerians from the little they make. Many companies, both indigenous and foreign, have packed up because they can no longer cope with the high level of inflation, and can't continue to afford fuel to run their machines, since cost of fuel is more than triple the initial price, and there's no power, and even the little there is, it's own cost too has almost tripled as well. It is in even in secondary school economics textbooks that you fix the economy through industrialization, production. You are importing almost everything you consume as a nation and you say you've turned the economy around, where did you study your economics Mr minister of finance???
Posted: at 13-06-2024 06:16 PM (1 month ago) | Hero