President Bola Ahmed Tinubu has been recognized as the first leader in decades to initiate vital economic reforms that were long awaited. This acknowledgment comes from the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, during a warm welcome for the Minister of State, Dr. Doris Uzoka Anite, at the ministry.

Edun highlighted the significance of Tinubu’s twin reforms—implementing a market-based foreign exchange rate and deregulating the pricing of petroleum products. He emphasized that these actions exemplify the president’s remarkable courage, boldness, and political savvy. “For the first time in decades, we now have a foreign exchange rate that operates on market principles, alongside market pricing for petroleum products,” Edun stated.

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He further remarked, “These reforms were necessary, long overdue, and President Tinubu had the determination to implement them and ensure their continuity.”

Looking ahead, Edun expressed optimism regarding the nation’s economic future. “We are standing on the threshold of a new dawn,” he noted, adding that the reforms are set to enhance Nigeria’s capacity to attract investments, boost productivity, grow GDP, create jobs, and alleviate poverty.

In her response, Dr. Uzoka Anite expressed her gratitude for the opportunity to serve and affirmed her commitment to collaborating with Edun in realizing the government’s economic objectives. Reflecting on her past experiences with Tinubu, she praised his visionary leadership and acknowledged the substantial responsibility her new role entails.