Thursday, June 26, 2025
  • About
  • Advertise
  • Careers
  • Contact
Newsroom Nigeria
  • Home
  • News
    • Across the Nation
    • Crime Watch
    • Metro
    • Political Arena
  • Politics
  • Opinions
  • Crime and Court
    • Judiciary
  • Business
    • Banking
    • Business and Economy
    • Business Life
No Result
View All Result
Newsroom Nigeria
Home Across the Nation

NIGERIA TARGETS 7% ECONOMIC GROWTH AND JOB CREATION AMID GLOBAL UNCERTAINTY – WALE EDUN

We are focused on creating sustainable jobs for young Nigerians, supported by investment in critical infrastructure such as digital connectivity, access to data, and fibre optic networks, Edun stated.

Newsroom Nigeria by Newsroom Nigeria
April 29, 2025
in Across the Nation
Reading Time: 2 mins read
0
SHARES
Share on FacebookShare on Twitter

Nigeria’s economic outlook is strengthening, with the Federal Government targeting 7% economic growth and large-scale job creation, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has announced.

Speaking at the conclusion of the 2025 IMF and World Bank Spring Meetings in Washington, D.C., Edun highlighted that, despite a challenging global environment marked by high debt, rising interest rates, and geopolitical tensions, Nigeria remains firmly on the path of reform, stability, and growth.

Related posts

Troops Foil Deadly Terrorist Attack In Niger State, Lose 17 Soldiers

Troops Foil Deadly Terrorist Attack In Niger State, Lose 17 Soldiers

June 25, 2025
TINUBU SIGNS  FOUR TAX BILLS INTO LAW TO TRANSFORM FISCAL, REVENUE FRAMEWORK

TINUBU SIGNS  FOUR TAX BILLS INTO LAW TO TRANSFORM FISCAL, REVENUE FRAMEWORK

June 25, 2025

We are focused on creating sustainable jobs for young Nigerians, supported by investment in critical infrastructure such as digital connectivity, access to data, and fibre optic networks, Edun stated. By crowding in the private sector and driving domestic revenue mobilisation, we are stabilising the economy and creating an environment where businesses can thrive.

The Minister reaffirmed that the government’s economic strategy, anchored by President Bola Ahmed Tinubu’s administration, is delivering results, with international partners acknowledging Nigeria’s policy direction.

At both the IMF and the World Bank, Nigeria’s reform programme — spanning fiscal, monetary, and structural policies — has been recognised as being on the right track. Despite global uncertainty, Nigeria is poised for resilient, inclusive growth, Edun added.

He also emphasised the government’s pragmatic approach to fiscal planning:
A budget is a statement of intent; it must be continually recalibrated to reflect on-ground realities and available resources.

The Central Bank Governor, Mr. Olayemi Cardoso, echoed these sentiments, noting the CBN’s firm commitment to reducing inflation sustainably:
Inflation remains the most disruptive force against the economic welfare of Nigerians. Our focus is to bring it down to single digits over the medium term, Cardoso said.

Highlighting growing investor confidence, Cardoso referenced Nigeria’s recent high-level investment forum at the Nasdaq Market Site in New York, showcasing the country’s reform momentum and rising interest from global investors and the diaspora.

Nigeria’s delegation to the Spring Meetings was led by Mr. Wale Edun and included:
• Mr. Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN),
• Mr. Muhammad Sani Abdullahi, Deputy Governor, CBN Economic Policy Directorate,
• Distinguished Senator Mohammed Sani Musa, Chairman, Senate Committee on Finance,
• Hon. Saidu Musa Abdullahi, Deputy Chairman, House Committee on Finance,
• Mrs. Lydia Shehu Jafiya, Permanent Secretary, Federal Ministry of Finance,
• Mr. Faruk Yusuf Yabo, Permanent Secretary, Federal Ministry of Communications, Innovation and Digital Economy,
• Ms. Patience Oniha, Director General, Debt Management Office (DMO),
• Mrs. Sayande Okoli, Special Adviser to the President on Finance and Economy,
as well as other senior government officials.

As the Federal Government deepens its reform efforts, it remains committed to building a transparent, inclusive, and prosperous economic future for all Nigerians.

 

ShareTweetSendShareShare
Previous Post

Court Orders Aisha Achimugu to Honour EFCC Invitation

Next Post

Breaking: Serial Investment Fraudster Jailed 

Related Posts

Troops Foil Deadly Terrorist Attack In Niger State, Lose 17 Soldiers
Across the Nation

Troops Foil Deadly Terrorist Attack In Niger State, Lose 17 Soldiers

June 25, 2025
TINUBU SIGNS  FOUR TAX BILLS INTO LAW TO TRANSFORM FISCAL, REVENUE FRAMEWORK
Across the Nation

TINUBU SIGNS  FOUR TAX BILLS INTO LAW TO TRANSFORM FISCAL, REVENUE FRAMEWORK

June 25, 2025
INEC Receives Applications To Register Obidients People’s Party (OPP), 109 Other Political Parties Registration
Across the Nation

INEC Receives Applications To Register Obidients People’s Party (OPP), 109 Other Political Parties Registration

June 25, 2025
Across the Nation

Woman Going To India for Fibroid Surgery Arrested With 2.20kg Cocaine at  Airport

June 22, 2025
Across the Nation

Attacks on Benue Aimed at Conquest, Nationwide Jihad, Says Yoruba Group

June 21, 2025
Across the Nation

TERRORISTS PLOTTING TO CARVE OUT PARALLEL STATE WITHIN NIGERIA, WARNS GBENGA HASHIM

June 20, 2025
Next Post

Breaking: Serial Investment Fraudster Jailed 

RECOMMENDED NEWS

APC SCREENING: ALL ASPIRANTS ACCEPTED CONSENSUS EXCEPT ONE – OYEGUN

3 years ago

OUR COMMITMENT IS TO MAKE RIVERS STATE THE BEST IN THE COUNTRY – GOVERNOR FUBARA

1 year ago

LAWAL, SDP GUBER CANDIDATE CHARTS NEW PATH FOR KWARA DEVELOPMENT

3 years ago

BUHARI WINS GLOBAL INTEGRITY AND ANTI-CORRUPTION AWARD

3 years ago

FOLLOW US

POPULAR NEWS

  • TAU Students Win Big   at National Innovation Challenge

    TAU Students Win Big   at National Innovation Challenge

    0 shares
    Share 0 Tweet 0
  • Troops Foil Deadly Terrorist Attack In Niger State, Lose 17 Soldiers

    0 shares
    Share 0 Tweet 0
  • ADEBAYO HELD ALOFT THE BANNER OF THE UPN, LED BY OBAFEMI AWOLOWO, TINUBU PENS TRIBUTE TO A TRUE STATESMAN

    0 shares
    Share 0 Tweet 0
  • TINUBU SIGNS  FOUR TAX BILLS INTO LAW TO TRANSFORM FISCAL, REVENUE FRAMEWORK

    0 shares
    Share 0 Tweet 0
  • INEC Receives Applications To Register Obidients People’s Party (OPP), 109 Other Political Parties Registration

    0 shares
    Share 0 Tweet 0
Newsroom Nigeria

This independent, liberal online news platform aims to inform citizens about important issues. NEWSROOM NIGERIA covers political, business, economic, national, and international news. They are committed to journalism ethics and hold the government accountable.

  • About
  • Advertise
  • Careers
  • Contact

© 2025 Newsroom Nigeria - Designed by Semasir Connect.

No Result
View All Result
  • Home
  • News
    • Across the Nation
    • Crime Watch
    • Metro
    • Political Arena
  • Politics
  • Opinions
  • Crime and Court
    • Judiciary
  • Business
    • Banking
    • Business and Economy
    • Business Life

© 2025 Newsroom Nigeria - Designed by Semasir Connect.