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No Going Back On FOREX, Subsidy Reforms – Finance Minister - Politics - Nairaland 3a5gu

No Going Back On FOREX, Subsidy Reforms – Finance Minister (11627 Views)

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Bobloco: 8:30pm On Nov 04, 2024
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has stated that there is no going back on President Bola Tinubu’s reforms in the forex as well as the oil and gas sector.

Edun made the disclosure when he received the newly assigned minister of state for finance, Doris Uzoka Anite at the Ministry’s headquarters, on Monday.

Edun said, “Nigeria now have a foreign exchange rate that is market based and also a deregulated oil market pricing which are two reforms that are long overdue over many decades that President Tinubu is currently implementing.

“Therefore as co-ordinating minister of economy, we stand on a threshold of a new dawn to implement these reforms and increase productivity, create jobs and reducing poverty and we are glad to have a minister of state that will help in actualizing the President’s reforms.”


He added that consultation and collaboration is key to achieving these key reforms both from public and private sector, adding that ongoing economic policies are showing sustainability and sign of success.

In her response, the minister of state for finance, reiterated her commitment to work with stakeholders in both private and public sectors to ensure economic growth is materialized
https://dailytrust.com/no-going-back-on-forex-subsidy-reforms-finance-minister/

10 Likes

Ikaeniyan0: 8:32pm On Nov 04, 2024
Government needs to find way to stabilize the exchange rate, it keeps on falling

21 Likes

NwaNimo1(m): 8:36pm On Nov 04, 2024

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Bebigiby1: 8:38pm On Nov 04, 2024
I hope Tinubu and his government are prepared for impending chaos these harsh policies will cause in due time....

21 Likes 1 Share

Kobojunkie: 8:43pm On Nov 04, 2024
Bebigiby1:
I hope Tinubu and his government are prepared for impending chaos these harsh policies will cause in due time....
How exactly do you expect the government to go back after it has literally embezzled (and mismanaged the rest) the funds that many have saved from the removal of subsidy, money(in addition to that saved from reducing government bloat) would have sensibly gone to implementing and sustaining Safety Net programs for the poor and disenfranchised?
► Even with all the looting, NNPCL came up with a $6 Billion hole which it probably expected to continue looting Nigerians to pay for. So, where money dey?
►Where do you expect the government to get money to reinstate fuel subsidies of the kind that existed before the May 29th, 2023 debacle? At this point, why? undecided

6 Likes

Melagros(m): 10:10pm On Nov 04, 2024
COMRADES, if I may ask, are the citizens still expecting anything from this government? We have already moved on with our life

21 Likes 1 Share

PheelzAlmighty: 10:10pm On Nov 04, 2024
Apc is the worst thing to happen to Nigeria and Nigerians. Even Gen Sani Abacha no do reach half😁
Nigerians are dumb and clueless by default.
#Spits

29 Likes 2 Shares

haybhi1(m): 10:11pm On Nov 04, 2024
Nigerians, calma. It will all end in our favour.

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Houseofglam7(f): 10:11pm On Nov 04, 2024
Mtchewwwwwwwww
adolfHitler1934: 10:11pm On Nov 04, 2024
Unqualified and fake ant.
So you now acknowledge that there is something like subsidy, not only that, you also acknowledge that it is necessary to stop it.
My question now is; why did you, Buhari, one scam Daddy G.O, with one other foolish white haired professor deceived Nigerians and protested against Goodluck Jonathan. You and your gang of thieves sponsored that protest and also participated actively in it. Today you are afraid of protest and arrest anyone who protest against your own evil regime. You say they want to overthrow your government.

The God of the universe will not fail to put you to shame. You will never succeed in this your istration and you will continue to remain a curse and punishment to Nigeria.

Animals!

23 Likes 2 Shares

Emmy000seun(m): 10:13pm On Nov 04, 2024
Finally tinubu scam Nigeria..🤣😂..this hin format ehn need to be study
Bobloco:

https://dailytrust.com/no-going-back-on-forex-subsidy-reforms-finance-minister/

2 Likes

olaniyilukman(m): 10:14pm On Nov 04, 2024
Tinubu is not doing well at all, how on Earth do you float your currency against foreign currency that you don't have absolute çontrol over, what manner of leadership is this

18 Likes 3 Shares

revived2: 10:16pm On Nov 04, 2024
Make these ones STFU

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Basiljoe: 10:16pm On Nov 04, 2024
Most African leaders are western puppets, enthroned to protect American/western interests.

Know this, and know peace. This is not conspiracy theory.

18 Likes 3 Shares

richmond500: 10:19pm On Nov 04, 2024
Ikaeniyan0:
Government needs to find way to stabilize the exchange rate, it keeps on falling
I think it is getting stabilized.
For almost a month, nobody talks about exchange rate. Unlike what we had earlier this year till August and early septemeber

32 Likes

Pawa100: 10:21pm On Nov 04, 2024
cool

Government of Calamity 😡😡😡

Full with Vampires 😡😡😡😡

Headed by Certified Chicago Drug Lord 😡😡😡

2 Likes 1 Share

ufotunang: 10:22pm On Nov 04, 2024
Ikaeniyan0:
Government needs to find way to stabilize the exchange rate, it keeps on falling
.. what did you expect from an incompetent president that the only thing he could tell nigerians during his presidential campaign that..it's my turn

2 Likes

ufotunang: 10:23pm On Nov 04, 2024
Their cabal..the world bank and IMF has told them not to change the reforms and economic policies ..it's a pity.. incompetent people in government

2 Likes

Pawa100: 10:25pm On Nov 04, 2024
Ikaeniyan0:
Government needs to find way to stabilize the exchange rate, it keeps on falling
Not with this So called Chicago ant General.

Man who built Lagos don scatter Nigeria grin grin grin

1 Like

ufotunang: 10:25pm On Nov 04, 2024
According to world bank and IMF that told the incompetent president Tinubu not to change the reforms that the reforms will work out In the next 15 years.. nawaoooo.. renewed hope to renewed shege

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Ambber(f): 10:26pm On Nov 04, 2024
dictatorship

1 Like

ufotunang: 10:28pm On Nov 04, 2024
olaniyilukman:
Tinubu is not doing well at all, how on Earth do you float your currency against foreign currency that you don't have absolute çontrol over, what manner of leadership is this
.. what did you expect from an incompetent president that the only thing he could tell nigerians during his presidential campaign that..it's my turn

4 Likes

ufotunang: 10:29pm On Nov 04, 2024
Keep on voting incompetent and clueless people into power... renewed shege continues

2 Likes

Antidoteee: 10:32pm On Nov 04, 2024
Why hasn't this man been sacked?

1 Like

naijaboy756: 10:33pm On Nov 04, 2024
Annoying things
ednut1(m): 10:34pm On Nov 04, 2024
Since we no longer import petrol and consume less how come exchange rate hasn’t gone down? 🤭

3 Likes

VikingKing: 10:37pm On Nov 04, 2024
ednut1:
Since we no longer export petrol and consume less how come exchange rate hasn’t gone down? 🤭
VikingKing: 10:37pm On Nov 04, 2024
naijaboy756:
Annoying things

VikingKing: 10:37pm On Nov 04, 2024
ufotunang:
Keep on voting incompetent and clueless people into power... renewed shege continues

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