MINISTER OF FINANCE, WALE EDUN, PLEDGES FEDERAL GOVERNMENT'S COMMITMENT TO LIFTING MILLIONS OUT OF POVERTY.
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MINISTER OF FINANCE, WALE EDUN, PLEDGES FEDERAL GOVERNMENT'S COMMITMENT TO LIFTING MILLIONS OUT OF POVERTY.

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The federal government has pledged its commitment to achieving rapid and inclusive economic growth, lifting millions of Nigerians out of poverty. 


The Minister of Finance, Wale Edun, made this known after the fifth Federal Executive Council meeting, noting that the president's macroeconomic reforms have shown promising signs, with the economy turning a corner.


Edun observed that the World Bank and IMF have acknowledged Nigeria's economic resilience, and the country's credit rating has been upgraded by Fitch from B- to B with a positive outlook.


He further revealed that the Federal Executive Council also ratified Nigeria's membership of the Asian Infrastructure Investment Bank (AIIB) as a non-regional member, with a $5 million shareholding, a move, which he said, is expected to attract investments and boost infrastructure development in the country.

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Published on May 6, 2025
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