The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has declared that Nigeria’s economy is experiencing an appreciable growth that may see the high inflation in the country come down.
Edun made this known on Sunday while speaking to Newsmen
The minister noted that the present economic situation was under control, saying the reforms and economic policies of President Bola Tinubu were gradually paying off.
He added that by Monday, the economy stabilisation plan dealing with factors affecting big businesses and industry will be on the President’s table so they can also stabilise, begin investment and create jobs to further grow the economy.
The National Bureau of Statistics had reported in its April’s consumer price index that Nigeria’s inflation rate rose to 33.20% in March 2024 up from 31.70% in February
According to the bureau, food inflation also rose to 40.01% in the month under review.