Minister of Finance and Coordinating Minister of the Economy, Olawale Edun, recently emphasized that the well-being of Nigeria is the primary concern of President Bola Ahmed Tinubu’s administration, despite the current economic challenges facing the country.
Speaking at an event in Abeokuta, Ogun State, Edun expressed optimism about the future of the Nigerian economy, stating that growth is on the horizon. He reiterated that Tinubu’s government is committed to prioritizing the economic development of Nigeria above all else.
Edun emphasized that the government’s focus is on what is best for Nigeria, rather than external opinions from organizations like the International Monetary Fund (IMF). He assured the public that, under President Tinubu’s leadership, the country will progress economically, bringing smiles back to the faces of Nigerians.
The recent data from the National Bureau of Statistics revealing a 35.42% increase in food inflation in January 2024 has added to the financial burden faced by Nigerians. In response to this, the Central Bank of Nigeria took action by raising interest rates by 400 basis points to 22.75% during its last Monetary Policy Committee meeting.
Despite the challenges, Edun’s message of hope and determination resonates with many Nigerians who are hopeful for a brighter future. As the government continues to address economic issues, the promise of growth and prosperity remains a beacon of hope for the nation.
With a focus on the well-being of the country and a commitment to economic progress, President Tinubu’s administration is dedicated to steering Nigeria towards a path of success and prosperity.
