The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has confirmed Nigeria’s economic progress and investment potential, stating that the country is on a strong recovery path with unique opportunities for investors.
Edun made this known during a meeting with a high-level delegation from First Abu Dhabi Bank, led by its Group Head of Investment Banking, Martin Tricaud, in Abuja.
The discussions focused on investment opportunities and strategic partnerships to boost Nigeria’s economic growth.
Highlighting the economic transformation of the past 18 months, Edun outlined key reforms that have driven stability and growth, including, Market-driven pricing for foreign exchange and petroleum, Increased trade through the African Continental Free Trade Agreement (AfCFTA), Improved revenue generation from both oil and non-oil sectors.
He pointed out that these changes had improved GDP growth, stabilised the economy, and strengthened the trade balance.
“Our administration’s dedication to economic reform is demonstrated by the strides we have made in stabilising the economy and spurring growth.
“We are pleased to reveal these opportunities to investors and partners, like First Abu Dhabi Bank,” Edun said.
The Minister also stressed the government’s focus on improving food production and affordability, ensuring long-term economic resilience for Nigerians.
The meeting marks an important step in Nigeria’s efforts to draw foreign investment, as the government seeks to strengthen economic bonds with key foreign partners.
With Nigeria’s economy brace for sustained growth, the meeting with First Abu Dhabi Bank is expected to unlock new investment offers, create jobs, and speed up economic development.
