The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has stated that Nigeria’s economy is on the rise, offering great investment opportunities.
Edun made this statement on Thursday in Abuja during a meeting with a high-level delegation from First Abu Dhabi Bank, led by the Group Head of Investment Banking, Martin Tricaud, to discuss potential investment opportunities and strategic partnerships.
The Minister highlighted Nigeria’s economic transformation over the past 18 months, citing key reforms such as market-driven pricing for foreign exchange and petroleum, increased trade through the African Continental Free Trade Area (AfCFTA), and stronger revenue from both oil and non-oil sectors.
He noted that these reforms have helped stabilise the economy, improve GDP growth, and strengthen the country’s trade balance.
“The progress we have made in stabilising the economy and driving growth is a testament to our administration’s commitment to economic reform. We are eager to showcase these opportunities to investors and partners like First Abu Dhabi Bank,” Edun said.
The Minister also emphasised efforts to boost food production and affordability, which are critical to ensuring long-term economic resilience.
In a statement, Mohammed Manga, Director of Information and Public Relations, said the meeting represents a significant step in Nigeria’s efforts to attract foreign investment and strengthen economic ties with key partners.
He added that with Nigeria’s economy poised for continued growth, this partnership with First Abu Dhabi Bank is expected to unlock new opportunities for investment, job creation, and economic development.
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