The Minister of Finance and the Minister of the Economy of Coordination, Mr. Wale Edun has unpacked key developments in the energy sector to a high -level delegation of JP Morgan, including how the new agreements with the International Finance Corporation (IFC ) They would expand electricity access to 400,000 Nigerians in the first instance.
Edun, declared this in his office when he received a high -level delegation from JP Morgan, directed by Dapo Olagunju, head of Western Africa as part of a research trip by JP Morgan, aimed to explore investment opportunities and economic strategies in the country .
The delegation, which included the main investors with important participations in the Eurobonds and local values ​​of Nigeria, was part of an exploratory visit organized by JP Morgan for a diverse group of international institutional investors who seek information about the economic panorama of the Nation.
During the discussions, the Minister of Finance and the Minister of the Coordination Economy highlighted the recent economic milestones of Nigeria, including a successful Eurobond transaction completed without a road, thanks to the strong worldwide participation of investors.
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He emphasized the continuous efforts of President Bola Tinubu to attract foreign investments through international strategic commitments and reaffirmed the administration's commitment to market -driven reforms.
In inflation, the minister assured investors that the Central Bank of Nigeria (CBN) is implementing orthodox monetary policies, while the government works to boost agricultural production and stabilize food prices.
Mohammed Manga, director, information and public relations at the Federal Ministry of Finance, said the meeting between the Minister of Finance and the JP Morgan delegation marks an important step forward in Nigeria's efforts to attract foreign investments and stimulate economic growth .
He said: “With his growing economy, strategic location and friendly business environment, Nigeria is ready to become a main investment destination in Africa.”
Tribune online