FG Vows to Monitor Global Oil Prices and Economic Indicators"

Category: News |

The Federal Government has pledged to closely monitor fluctuations in global oil prices and shifts in international trade conditions as part of its strategy to safeguard Nigeria’s economy, following warnings from the International Monetary Fund (IMF) about potential risks to the 2025 national budget. Finance Minister and Coordinating Minister of the Economy, Wale Edun, emphasized the administration’s strong commitment to maintaining economic stability, deepening structural reforms, and ensuring that growth remains inclusive and beneficial to all Nigerians. He further noted that the government remains focused on implementing the 2025 budget with discipline and strategic oversight, aiming to protect the gains of recent reforms, enhance investor confidence, and build resilience against global economic shocks.