BusinessHighlight

Nigeria’s First Lady Commends Economic Team as Country Prepares to Host AFREXIMBANK Annual Meeting

1.4k

Nigeria’s First Lady, Sen. Oluremi Tinubu, has praised the Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, and his team for their efforts in stabilizing the country’s economy.

The commendation came during a courtesy visit by the minister and his management team on Tuesday, who were there to inform her about the upcoming 32nd Annual General Meeting of the African Export-Import Bank (AFREXIMBANK).

The meeting, scheduled to take place in Abuja from June 23 to 27, 2025, will bring together over 5,000 delegates, including Heads of State, government officials, and business leaders.

The event will feature high-level policy discussions, presentations, and side events focused on socio-economic development in Africa.

Tinubu expressed her readiness to host the spouses of Heads of Governments from African and other countries attending the meeting, highlighting the opportunity to showcase Nigeria’s best.

“This is one of the ways that God has just been blessing us in this administration with the quality of the people that are running the affairs of the country,” she said.

Edun reaffirmed the Federal Government’s commitment to stabilizing the nation’s economy, making manufacture and export more competitive globally.

He noted Nigeria’s strong partnership with AFREXIMBANK and its commitment to fostering trade and economic growth for Africa and beyond.

“The competitiveness of the Nigeria economy, bold and courageous under the leadership of President Bola Tinubu over the last 20 months, the AFREXIM BANK has been reformed, it has been changed and it has been improved,” Edun said.

“We have a situation now where we have inflation stabilizing, food prices crashing down, petroleum prices coming down amongst other improvements in the economy.”

Leave a comment

Related Articles

Dangote-NMDPRA Rift: Reps Intervene, Summon Parties For Explanation

The House of Representatives Committee on Petroleum Resources (Downstream) has stepped in...

FG Pledges Support for Nigerian Army Modernization and Welfare

The Federal Government has reaffirmed its commitment to the Nigerian Army, promising...

Alleged N2.2bln Fraud: Buhari’s Minister Ngige to remain in Kuje prison till Dec. 18

Justice Maryam Aliyu Hassan of a High Court of the Federal Capital...

Just In: Nigeria’s Inflation Rate Drops to 14.45% in November 2025, Lowest in Five Years

Nigeria’s headline inflation rate has slowed down to 14.45% in November 2025,...

Emergency Rule: Supreme Court Justices Divided on President’s Power to Suspend Gov, Others

The Supreme Court affirmed the constitutional right of the President to declare...

AFCON 2025: 11 in Super Eagles Camp in Cairo With Latest Arrival, Zaidu Sanusi

Talented FC Porto defender Zaidu Sanusi has landed in Cairo, Egypt, significantly...

US Consulate Invites Nigerian Students to Pre-Departure Orientation

The US Consulate General in Lagos has announced a pre-departure orientation session...

8 Months Later, Supreme Court Throws Out PDP’s Lawsuit Against Rivers Emergency Rule

Eight months after the Federal Government declared a state of emergency in...

FCT 2026 Council Polls: INEC Introduces Online Accreditation for Journalists

Ahead of the 2026 Federal Capital Territory Area Council Election scheduled for...

PDP’s Sen. Akpoti-Uduaghan Rebuffs APC’s Overtures, Remains Loyal to PDP

Kogi Central Senator Natasha Akpoti-Uduaghan has revealed that she is under sustained...

Just In: ECOWAS Unites Against Terror: Regional Bloc Approves Joint Counter-Terrorism Force

The Economic Community of West African States (ECOWAS) plans to launch a...

NDLEA Tracks Down ‘Gamboli,’ Fleeing Bandits’ Alleged Drug Supplier, in Niger Operation

Three weeks after evading arrest at his home in Anguwan Makera, Kuta,...

SERAP Threatens AGF Fagbemi With Contempt Suit Over N6trn NDDC Scandal

The Socio-Economic Rights and Accountability Project (SERAP) has ramped up pressure on...

Bail Row: Ex-AGF Malami Alleges EFCC Obstructing Release

Former Minister of Justice and Attorney General of the Federation, Abubakar Chika...

NNPCL Reports Pipeline Blast in Delta, Launches Investigation

The Nigerian National Petroleum Company Limited (NNPCL) has confirmed that an explosion...

Supreme Court Invalidates Tinubu’s Pardon for Maryam Sanda, Reinstates Death Sentence

The Supreme Court has reversed a compassionate pardon granted by President Bola...

Ambassadorial screening: Senate Adopts ‘Bow and Go’ for Veteran Nominees

Senate Leader Opeyemi Bamidele has defended the use of the ‘take a...

NAFDAC Incinerates N5bln Substandard, Drugs, Goods in Nasarawa

By Maryanne Awuya Substandard and unwholesome products including foods, drugs and detergents...

Chelle Unveils 28-Man Super Eagles Squad for 2025 AFCON

Nigeria’s head coach, Eric Sékou Chelle, has announced a 28-man squad for...

N33.8bln Fraud: Ex-Minister Mamman Must Face Trial, Court Rules

A Federal High Court in Abuja on Thursday dismissed a no-case submission...