…Finance Minister Wale Edun detailed plans to boost agricultural production including a program to support 360,000 farmers, aiming for a yield of 1.4 million metric tons of key crops.
FRI SEPT 20 2024-theGBJournal| The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, delivered the keynote address at Access Bank’s Corporate Customer Forum 2024, held at Eko Hotels in Lagos on Thursday morning.
The event, themed “Nigeria’s Economic Rebirth: Hopes and Implications,” brought together stakeholders from various sectors to discuss the nation’s growth prospects.
In his address, Minister Edun outlined key reforms introduced by President Bola Ahmed Tinubu’s administration to stabilize the economy, reduce poverty, and foster sustainable development.
He reported encouraging signs of economic progress, including improvements in GDP growth, stabilized exchange rates, and increased government revenue. However, he acknowledged ongoing challenges, such as inflation and foreign exchange pressures, assuring attendees that initiatives like the Accelerated Stabilization and Advancement Program (ASAP) are being implemented to address these issues.
The Minister also detailed plans to boost agricultural production, including a program to support 360,000 farmers, aiming for a yield of 1.4 million metric tons of key crops.
Emphasizing the government’s medium-term priorities, HM Edun called for greater private sector involvement and underscored the importance of public-private partnerships in key sectors like mining, power, and agriculture.
The forum also highlighted Access Bank’s sustainability initiatives, including its commitment to green projects and its recent expansion into Kenya. HM Edun commended Access Bank for facilitating crucial discussions on leveraging technology, adopting sustainable practices, and promoting inclusivity to drive Nigeria’s economic progress.
X-@theGBJournal|Facebook-the Government and Business Journal|email:gbj@govbusinessjournal.com|govandbusinessj@gmail.com
