Nigeria’s Minister of Finance Wale Edun stated on Tuesday that the country’s economy is showing signs of growth, with $55 billion recorded in non-oil exports in 2023. Edun made this revelation during a press briefing following President Bola Tinubu’s meeting with the Council of State. He highlighted that the surge in exports has led to a trade surplus, signaling increased confidence from both local and foreign investors. Minister Edun also claimed that the economy is stabilizing and that significant opportunities are emerging in the infrastructure and service sectors, despite challenges like high inflation. He further stated that the government is focusing on the service sector to create jobs for young Nigerians, particularly in areas like software and accounting services. Finally, Edun assured Nigerians that strategic interventions will continue to mitigate the high cost of living and support small-scale businesses and agriculture.
SOURCE: NAIRAMETRICS
