The Central Bank of Nigeria (CBN) governor Yemi Cardoso; the Minister of Finance and Coordinating Minister for the Economy, Wale Edun; as well as the Minister of Budget and National Planning, Atiku Bagudu and the Chairman of the Federal Inland Revenue Service, Zacch Adedeji were at the House of Representatives to speak about the state of the economy.

Nigeria’s inflation rate has continued to soar and the cost of living has ballooned in recent months. But at the event in Abuja on Tuesday, the economic managers projected a brighter future.

Wale Edun believes the country’s economy is in a much better state than it was when President Bola Tinubu took over power in May. He also reiterated the government’s promise to cushion the impacts of the fuel subsidy removal, especially for the vulnerable.

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