FG, Afreximbank strengthen ties to boost economic growth

The Federal Government of Nigeria and African Export-Import Bank (Afreximbank) have restated their resolve to strengthen ties for economic growth and drive intra-continental trade, investment, and development.

This commitment emerged on the sidelines of the 6th AU Mid-Year Coordination Meeting of the African Union, where the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun held bilateral talks with Dr. Benedict Okey Oramah, President of Afreximbank.

Mohammed Manga, Director, Information and Public Relations in the Federal Ministry of Finance said in a statement on Monday that the meeting, which was held in Accra, Ghana weekend, reinforced the strong partnership between Afreximbank and the Federal Government of Nigeria, with a focus on driving economic growth and financial integration across Africa.

According to him, during the meeting, Mr. Edun acknowledged the fiscal policy measures implemented by President Bola Ahmed Tinubu-led Administration, which has significantly improved Nigeria’s revenue position.

He emphasised the critical need for comprehensive financial integration across Africa to drive intra-continental trade, investment, and development.

On his part, Professor Oramah reaffirmed Afreximbank’s unwavering commitment to supporting President Tinubu’s developmental objectives for economic growth.

The bilateral talks underscored the importance of collaboration between Nigeria and Afreximbank in achieving shared economic goals.