FG reaffirms commitment to market-led growth, inclusive prosperity

Abdullateef Fowewe

The Federal Government, under President Bola Tinubu’s Renewed Hope Agenda, has reaffirmed its dedication to disciplined fiscal reforms, transparency, and private-sector-driven economic growth.

This was gathered in a statement shared on Thursday by the Ministry of Finance.

Speaking at the South West Stakeholders Dialogue in Akure on Wednesday, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, emphasised the positive impact of recent reforms.

“Nigeria’s resources are now benefiting the many, not the few. Our reforms are levelling the playing field, boosting competitiveness, and enabling sustainable economic expansion,” Edun stated.

He pointed to the removal of fuel subsidies and foreign-exchange reforms as critical measures that have strengthened public finances, increased confidence in the economy, and redirected resources towards citizens and productive investments.

Early outcomes of these reforms include faster GDP growth, easing inflation, and a stabilizing exchange rate.

Edun also highlighted key government interventions such as direct benefit transfers, student financing through NELFUND, and ambitious plans for a 90,000-kilometre fibre-optic network aimed at expanding digital access and fostering innovation.

“We are creating the right conditions for business to thrive and for every Nigerian to participate in the nation’s progress,” the Minister affirmed, reaffirming the administration’s focus on attracting investment, deepening economic inclusion, and securing long-term prosperity for Nigeria.