The federal government of Nigeria has called for an urgent, comprehensive financial integration across the country.
A statement from the Federal Ministry of Finance said the call was made by the Minister of finance and coordinating minister of the economy, Wale Edun, during a bilateral meeting with Dr. Benedict Okey Oramah, President of the African Export-Import Bank (Afreximbank).
Edun highlighted Nigeria’s basic focus on economic growth and financial integration, stressing that the goals were core to the administration of President Bola Tinubu. He pointed to the policy measures recently introduced by President Tinubu’s administration, which had notably improved the country’s revenue position.
According to him, the integration was a vital catalyst for boosting intra-continental trade, investment, and development. In response, Dr. Oramah reaffirmed Afreximbank’s steadfast support for the country’s economic objectives.
The bilateral talks between Edun and Oramah underscored the significance of Nigeria’s partnership with Afreximbank.
Meanwhile…
The National Association of Nigerian Students has urged President Bola Tinubu to take immediate action in addressing the unstable state of the country’s economy.
This was contained in a statement by the Senate President of NANS, National Headquarters, Okunomo Adewumi, and made available to newsmen on Monday.
According to the student body, the present economic downturn has had a devastating impact on the nation, perpetuating hardship.
They acknowledged President Tinubu’s efforts in revitalizing the economy through his Renewed Hope agenda, and implored him to adopt a more comprehensive approach to tackle the economic crisis.
NANS further warned that if the situation persisted, it would precipitate widespread protests and social unrest, hence destabilizing the nation.