Finance ministry Engages Stakeholders on Economic Development

The Federal Government has assured stakeholders of its commitment to collaborate in implementing policies and projects aimed at boosting Nigeria’s economy.
The director of information and public relations Muhammed Manga in a atatement during a sensitization program in Abuja, quoted the Permanent Secretary of the Federal Ministry of Finance, Mrs. Lydia Shehu Jafiya, to have emphasized the importance of transparency and inclusive dialogue in managing national finances.
She highlighted that the introduction of Quarterly Citizens and Stakeholders Engagement is a strategic move to improve government-citizen communication.
Jafiya noted that public engagement is crucial for understanding how tax contributions and public funds are utilized.
She also mentioned ongoing reforms led by the Ministry, which have contributed to economic growth, evidenced by a GDP increase of 3.19% in the second quarter of 2024. “Engagement from the private sector and media is essential for supporting these reforms and fostering sustainable economic development. Despite challenges, Jafiya expressed confidence in overcoming obstacles through collaboration among stakeholders.
According to her, the Ministry remains committed to enhancing the economic landscape and ensuring successful policy implementation.

On his part the Delivery Manager of the Central Delivery Coordination Unit, Mr. Uyi-Aivinhenyo Osagie, emphasized the importance of a sensitization session organized by the Federal Ministry of Finance.
The session focused on engaging stakeholders regarding the Ministry’s commitment to the eight priorities of President Bola Ahmed Tinubu’s administration, particularly in fostering sustainable development and economic stability.
This engagement aims to involve citizens in the implementation of a performance contract signed with the President, promoting information sharing and collaboration.

Mr. Osagie highlighted that all stakeholders, including government, civil society, and the private sector, are critical to this process.
“Their participation is necessary to enhance the Ministry’s performance, enabling better service delivery and resource allocation.
Civil society organizations present at the session acknowledged the Ministry’s efforts and stressed the importance of citizen engagement in policy formulation and execution to improve communication between the government and grassroots communities.