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FG Showcases Reform Progress, Revenue Gains At Q2 Finance Engagement

June 25, 2025
in Business News, Latest Nigeria News, Nigeria News
FG Showcases Reform Progress, Revenue Gains At Q2 Finance Engagement
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The Federal Government has reaffirmed its commitment to economic reform, transparency, and inclusive growth at the second quarter Citizens and Stakeholders’ Engagement on the Implementation of Presidential Priorities and Ministerial Deliverables held in Abuja.

Finance Minister and Coordinating Minister of the Economy, Wale Edun, outlined key progress areas including stabilisation of the foreign exchange market, expansion of fiscal revenues, renewed investor confidence, and improved social outcomes.

“We are now in the third phase of our reform agenda, focused on accelerating investment-led growth that delivers jobs, reduces inflation, and lifts millions out of poverty,” Edun stated.

He noted the country’s foreign reserves have risen from under $4 billion to over $23 billion, alongside improved credit ratings and major inflows into the energy sector.

Minister of State for Finance, Dr Doris Uzoka-Anite, stressed the importance of stakeholder engagement, saying it fosters accountability and ensures policies are people-centred.

Permanent Secretary, Raymond Omachi, highlighted ongoing collaboration across ministries and agencies to ensure effective policy delivery.

The event, which attracted civil society, business leaders, and development partners, reaffirmed the Finance Ministry’s roadmap for sustainable, investment-driven economic growth.

 

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FG Revenue Hits ₦6.9trn In Four Months, Up 40% From 2024

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