Minister of Finance and Minister of Coordinating Economy, Wale Edun has courted international investors for Nigeria to be their destination of election, highlighting the solid economic growth and the potential of investment in the country's private sector.
Speaking during the meeting with investors outside the FMI spring meetings of the IMF/World Bank in Washington DC, Edun highlighted the significant economic reforms introduced by the administration of President Bola Ahmed Tinubu, aimed at promoting robust economic growth.
Mohammed Manga,
The director, information and public relations in a statement on Thursday cited Edun saying that with a growth of 3.8% registered last year, the Government points to 7% annual growth, promoted by strategies to boost agricultural productivity, digital infrastructure and oil production.
He highlighted the government's commitment to create an enable business environment, citing recent reforms such as the elimination of subsidies and market prices of oil products.
“We believe that we have begun to lay the foundations for a strong and economically strong Nigeria that can attract investments in the private sector,” Edun said.
He informed that Nigeria offers great opportunities for the investment and participation of the private sector.
“We have great opportunities to grocer the private sector, particularly in the development of infrastructure, agriculture and digitalization,” he said.
At the meeting, which was also attended by the Senate Committee of the President of Finance, the distinguished Senator Mohammed Sani Musa; The vice president of the Finance Committee of the House of Representatives, Hon. Saidu Musa Abdullahi; the governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso; The Permanent Secretary of the Federal Ministry of Finance, Mrs. Lydia Shehu Jafiya, the special advisor of the President of Finance and the Economy, Sayande Okoli, as well as the General Director of the Office of Debt Management (DMO), Mrs. Patience Oniha, Edun emphasized that Nigeria is looking inside to navigate through global economic uncertainties, which takes advantage of her great market African and potential for manufacturing growth.
With an approach to growth led by the private sector, Nigeria is about to achieve sustainable economic development, which takes millions of its citizens of poverty.