Wednesday, June 17, 2026

FG committed to attracting investments, increasing productivity: Wale Edun

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

• November 4, 2024
Wale Edun (Credit; Cable)
Wale Edun (Credit; Cable)

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)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Information minister, Mohammed Idris (credit: Cable)

NationWide

FG pushes full DSO implementation to unlock jobs, investments

The project aims to improve broadcast quality and boost the digital economy.

LEGISLATIVE GAVEL

Abuja

Court remands corps member over alleged assault on neighbour

The defendant, however, pleaded not guilty to the charge.

Lekki-Epe traffic

NationWide

Nigeria’s transport system requires urgent, predictive, integrated solutions: CILT

He said that lack of policy continuity would make Nigeria’s transport sector to be constrained.

African Democratic Party (ADC)

States

ADC governorship aspirant sues party over primary election result in Oyo

Mr Alagbe prayed the court to pronounce him as the authentic winner of the primary election.