“We’ll Not Borrow to Finance Economy”: Finance Minister Says as Tinubu Slams Buhari’s Govt

The Nigerian government says it does not intend to borrow from any local or foreign organization following its subsidy removal from petrol and exchange rate unification. Wale Edun, the Minister of Finance and Coordinating Minister for the Economy, revealed this at the end of the maiden Federal Executive Council meeting in Abuja on Monday, August 28, 2023.  LEGIT NEWS reports.informationguidenigeria

Edun revealed that the proceeds from the subsidy removal be rechanneled into various sectors to boost government revenue and improve the business climate for local and foreign investors.

Edun revealed that the proceeds from the subsidy removal be rechanneled into various sectors to boost government revenue and improve the business climate for local and foreign investors.

The new minister revealed that President Bola Tinubu’s administration wants to bring back the economy from the lethargy.JAMB Result

Also, the Minister of Industry, Trade, and Investment, Doris Uzoka-Anite, revealed that Nigeria is already getting investment offers from different sectors of the economy, including oil and gas, health, solid minerals, and agriculture.JAMB Portal

The News Agency of Nigeria (NAN) revealed that she said the ministry would partner with relevant ministries, departments, and government agencies to achieve Tinubu’s job-creation commitment.

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