November 22, 2024

FG committed to attracting investments, increasing productivity, Wale Edun assures

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Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, has reiterated the federal government’s commitment to attracting investments into the country.

He said this would increase the nation’s productivity as well as the country’s gross domestic product (GDP).

Mr Edun said this when he received the newly appointed Minister of State for Finance, Doris Anite, at the ministry in Abuja on Monday.

Ms Anite was the Minister of Industry, Trade and Investment before she was moved to the Ministry of Finance as minister of state in the recent cabinet reshuffle by President Bola Tinubu.

According to Mr Edun, the federal government is implementing necessary reforms that are long overdue.

“As we go forward together to help complete the ongoing economic reforms, which are showing sustainability and signs of success, we have, for the first time in decades, the foreign exchange rate.

“This is market-based, and we have the market pricing for petroleum products.

“So, we stand on the threshold of a new dawn in terms of the ability of the economy to attract investments, thereby increasing productivity and growing the GDP, which creates jobs and reduces poverty,” he said.

Mr Edun said the president had always stressed the need for consultation, cooperation, collaboration and teamwork.

Ms Anite, in her response, said the president‘s Renewed Hope Agenda mantra would be carried out diligently.

“I will also ensure that the president’s vision and mandate to his people, especially during his campaign manifesto, are materialised.

“It is no small task that you have given me and coming to work with you; to be honest, I am a bit apprehensive but happy,” she said.

Ms Anite said she was ready to work and complement the minister’s efforts to ensure they achieved the president’s mandate.

(NAN)

 

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