Oyedele

Nigeria's government spent fiscal savings from forex and petrol subsidy removal reforms to address higher financial obligations, including debt servicing costs and increased public sector wages.

Nigeria aims to achieve a $1tn economy by 2030, with Oyedele stating the country has completed the stabilization phase and is now prioritizing investment, productivity, and improved living standards.

The Nigerian Federal Government denies operating a 'shadow budget' or spending public funds outside constitutional and statutory frameworks, as stated by Finance Minister Mr. Oyedele.

The finance minister, Oyedele, proposes a special commercial tribunal to resolve disputes quickly, aiming to enhance investor confidence and attract long-term investment. The initiative is intended to deepen Nigeria’s capital market.