FG: Nigeria’s macroeconomic environment now stable, investor-friendly

The macroeconomic environment in Nigeria is now stable and investor-friendly, the Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has said.
He also expressed confidence that the economic reforms of the government had laid the foundation for local investment that would bring about industrialisation and lift citizens out of poverty.
Edun stated this at the opening ceremony of the 2024 conference for the National Council on Finance and Economic Development held at Dr Sulaimanu Adamu Square, Bauchi government house on Monday.
He said Nigerians should be encouraged that the country now has a more sustainable microeconomic environment that is friendly to investors.
The minister who expressed appreciation to Bauchi State Governor, Bala Mohammed, for hosting the conference, said, “What goes on in this formal conference is very important because conversations will take place which would clarify things, build trust and confidence between individuals.
“Our understanding of each other’s situation, of each other’s financial and economic needs and even the resources and potential they possess and available, the skills, specialization that is on the ground.”
He maintained that the conference would further lead to an understanding of what to offer individually and collectively that would allow it to fulfill the country’s potential.
Edun said, “President Bola Tinubu’s administration inherited the assets and the liabilities and there was no looking back but it’s a question of charting a way of looking forward and making plans in order to first of all stabilize the economy.
“Then get investments through private sector investors both domestically and foreign direct investors to increase the productivity of Nigeria, grow the economy, create jobs and of course move a large number of people out of poverty.

source: punchng.com

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