The Federal Government says the President Bola Tinubu administration is mobilising its Ministries, Departments and Agencies to “bring down inflation, stabilise the foreign exchange rates and create an enabling environment for business and investment.” The government also said Nigeria’s economy would receive investment inflows worth $14bn from Indian businesses that pledged to invest in the country at the G20 Summit held last September. While describing the recent killings in the Plateau State as “regrettable,” it vowed that its perpetrators must face justice. The Minister of Information and National Orientation, Mohammed Idris, revealed these in a statement he signed on Sunday titled ‘Amidst challenges, Nigeria will forge ahead.’ Idris noted, “Regarding the economy, all relevant Ministries and Agencies of the Federal Government are working in a coordinated fashion to bring down inflation, stabilise foreign exchange rates, and create a truly enabling environment for business and investment. “The Nigeria that President Tinubu seeks to build is one where no one is left behind. Impactful interventions are being rolled out, including a Students’ Loan Scheme, a Presidential Initiative to deploy lower-cost CNG mass transit buses to provide alternatives to petrol and diesel, and various low-interest loan schemes for businesses.”

Punch