ABUJA, April 24 (MENA) - Nigerian Minister of Finance and Coordinating Minister of the Economy Wale Edun has assured investors that Nigeria is safe for investment.

Edun made the remarks as part of a speech he delivered at the Nigeria Investment Forum during the ongoing World Bank/International Monetary Fund (IMF) Meetings in Washington D.C.

According to the Nigerian finance minister, efforts are geared towards maintaining fiscal congruence, the News Agency of Nigeria (NAN) reported on Thursday.

“That’s one of the reasons for the new team at the Nigerian National Petroleum Company Limited (NNPCL), and their mandate is increase production and save costs,” he said.

Edun said that the state is intensifying efforts to diversify and stabilize economy.

He added that the optimization of assets was another route to closing the gap in the general budget.

“We need to ensure that we maintain fiscal congruence, the mandate of NNPCL is to increase production and save cost, we are also diversifying the economy,” he noted.

“We are committed to stabilizing the economy so that the private sector will find it attractive to invest,” he pointed out. (MENA)

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