FG committed to attracting investments, increasing productivity: Wale Edun

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

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

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.”

Lagos
Task force impounds 70 vehicles for various traffic offences in Lagos
Mr Akerele warned reckless motorists that the agency under his leadership wouldn’t spare environmental and traffic laws violators in the state.

NationWide
You’re on rescue mission, Tinubu tells new ministers
Mr Tinubu emphasised the importance of service.

NationWide
Nigeria loses over $1 billion on auto spare parts importation yearly: NADDC
“The country spends over $1 billion each year on imported spare parts,” the NADDC’s DG said.

Lagos
LASTMA lauds officers’ emergence response time, warns drivers against speeding
Mr Bakare-Oki said that LASTMA officers responded with remarkable immediacy, orchestrating a comprehensive rescue effort.

World
Israel says two Hezbollah commanders, one jihadist killed
He had been involved in a significant number of attacks on Israeli civilians and soldiers, as well as arms smuggling, the statement said.

World
Trump, Harris race to get votes on eve of U.S. election
Ms Harris has cast Mr Trump as a danger to democracy but sounded optimistic at a Detroit church on Sunday.