The minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has assured Nigerians that the federal government remains focused on keeping food prices stable despite growing global uncertainties that could impact the domestic economy.
The finance minister gave the assurance on Wednesday during an appearance on Politics Today, a programme on Channels Television, where he addressed concerns about the potential economic implications of global geopolitical tensions and domestic reforms.
Mr Edun said recent economic gains, including declining food prices and moderating inflation, demonstrate that the government’s policy measures are beginning to produce results.
According to him, while there are no absolute guarantees in managing a complex economy, the administration remains committed to policies that will sustain lower food prices and ease inflationary pressures on households.
“There are no guarantees,” Edun said, noting that economic management often involves responding to unpredictable global developments.
“But what we can guarantee is that that is what we are focused on. That’s what we are working towards, and that’s what we have achieved to date,” he added.
The minister emphasised that government policy is now centred on ensuring adequate domestic food production in order to maintain affordability and reduce the risk of supply disruptions.
