Tinubu Praises Economic Growth Indicators in Nigeria
On Thursday, President Bola Ahmed Tinubu met with the Board and Management of the Nigerian Exchange Group at the State House in Abuja. He expressed optimism about Nigeria's economic future, citing increasing positive reviews and favorable indicators.
The Nigerian Exchange Group, led by Chairman Dr Umaru Kwairanga and Group Managing Director/CEO Temi Popoola, reported a market rebound from N30 trillion in 2023 to N160 trillion currently. Tinubu commended the Economic Management Team, which includes Taiwo Oyedele, Atiku Bagudu, Yemi Cardoso, and Dr Zacch Adedeji, for their efforts in implementing reforms aligned with global best practices.
He highlighted the private sector's crucial role in job creation and supporting government initiatives. The President set an ambitious target of achieving a one trillion-dollar economy, mentioning plans for the reform and listing of the NNPC in the capital market.
Oyedele suggested simplifying the listing process to benefit more Nigerians, while Popoola noted that other African markets view Nigeria as a model for stock market growth.
Plus234Feed summary based on reporting from Voice of Nigeria. Read the original report below.
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