The Minister of Finance and Coordinating Minister of the Economy, Wale Edun have stated that the Federal Government plans to reduce inflation to single digits and create more jobs.
Edun stated this during a press conference addressed by the Nigerian economic team, as part of activities marking the end of the 2025 International Monetary Fund (IMF) and World Bank Spring Meetings in Washington D.C. today.
According to him, the government was collaborating with development partners like the World Bank to create jobs for Nigerians in pursuit of sustainable employment and poverty eradication as the country’s unemployment rate had dropped to 4.3 per cent in the second quarter of 2024 from 5.3 per cent in the first quarter of 2024.
Speaking further, the minister said that President Bola Tinubu’s reform agenda is working and Nigeria is well positioned to survive the shocks in spite of heightened tensions, inflation, and declining global growth.
