The Nigerian Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, has reiterated that there would be efficiency in government expenditure under President Bola Ahmed Tinubu’s administration.
The Minister made this known on Friday, while speaking on the focus of President Tinubu’s 8-Point agenda.
Edun noted that there would be transparency in government’s dealings to boost public confidence in the Tinubu led governance.
He further stated that the government will be swift in blocking all revenue leakages.
“To gain and build public trust, there will be an emphasis on efficiency in government expenditure and effective debt management. So that borrowing will be linked to the return on investment.
“The key is to increase revenue so that the government will have enough funding to stabilize the economy, not by increasing taxes necessarily but by bringing greater efficiency.
“To cut linkage and to maximize the legitimate revenue that should come to the government”, he said.