In a strategic move to strengthen international economic partnerships, Nigeria and Turkey are set to deepen their trade and investment ties following a high-profile meeting between Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, and the Turkish Ambassador to Nigeria, H.E. Hidayet Bayraktar.
The Director of Information and public relations, Muhammed Manga in a statement indicated that the meeting, which held at the Federal Ministry of Finance headquarters in Abuja, is a sign of renewed commitment by both nations to expand economic cooperation and foster a more business-friendly environment. This initiative aligns with President Bola Ahmed Tinubu’s Renewed Hope Agenda, which prioritizes sustainable economic growth and foreign investment.

During the discussions, Minister Edun emphasized Nigeria’s readiness to attract more foreign investment, highlighting recent policy reforms aimed at improving ease of doing business in the country. He assured the Turkish delegation of the government’s unwavering support, citing opportunities in key sectors such as infrastructure, energy, agriculture, and technology.

“The Tinubu administration is committed to creating a stable, transparent, and investor-friendly climate that will drive economic growth and prosperity for all,” Edun stated, reaffirming Nigeria’s strategic focus on diversifying its economy and fostering global partnerships.

Ambassador Bayraktar praised Nigeria’s economic reforms and expressed Turkey’s keen interest in expanding bilateral trade, particularly in sectors where both countries have mutual interests. He acknowledged Nigeria’s pivotal role in Africa’s economic landscape and highlighted Turkey’s desire to be a long-term partner in Nigeria’s growth story.

This diplomatic engagement is poised to unlock new avenues for trade, technology transfer, and infrastructure development, benefiting both nations. With Nigeria’s large market and Turkey’s robust industrial base, the partnership is expected to spur job creation, enhance technological cooperation, and drive economic resilience.

As both countries look to the future, this meeting marks a critical step toward fostering stronger diplomatic and economic relations, positioning Nigeria and Turkey as key players in the global economic arena.

***As Nigeria Courts Global Investors

In a bold move to strengthen Nigeria’s position on the global economic stage, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, welcomed a high-powered delegation from First Abu Dhabi Bank to Abuja, highlighting the nation’s impressive economic reforms and investment potential.

The delegation, led by Martin Tricaud, Group Head of Investment Banking at First Abu Dhabi Bank, met with Mr. Edun to discuss strategic partnerships and explore lucrative investment opportunities in Africa’s largest economy.
The meeting comes as Nigeria aggressively pursues foreign direct investment to fuel its ongoing economic transformation.
Director of Information and public Relations, Muhammed Manga, in a statement quoted Edun during the discursion to have painted a picture of a resilient Nigerian economy on the rise, citing the administration’s landmark reforms over the past 18 months.
He pointed to significant policy shifts such as the introduction of market-driven pricing for foreign exchange and petroleum products, enhanced regional trade through the African Continental Free Trade Area (AfCFTA), and diversified revenue streams from both oil and non-oil sectors.
“The progress we have made in stabilising the economy and driving growth is a testament to our administration’s commitment to reform,” Edun stated confidently. “We are eager to showcase these opportunities to investors and partners like First Abu Dhabi Bank, who can play a pivotal role in Nigeria’s growth story.”
The Minister also highlighted efforts to ramp up food production and ensure affordability, positioning agricultural growth as a cornerstone of Nigeria’s long-term economic resilience.
For First Abu Dhabi Bank, this visit signals growing interest from the Middle East in Nigeria’s evolving financial landscape. With one of the largest economies in Africa, Nigeria presents an attractive market for international investors seeking high-growth opportunities in sectors ranging from energy to technology and agriculture.

Analysts view the meeting as a significant step toward deepening Nigeria’s financial ties with the Gulf region, potentially unlocking millions of dollars in investment that could spur job creation and infrastructure development.

“Nigeria’s economy is at a turning point,” Mr. Edun noted. “Our reforms are not just about numbers—they are about creating an environment where businesses can thrive, jobs can be created, and prosperity can be shared by all Nigerians.”

As the government continues its aggressive push for foreign investment, this budding relationship with First Abu Dhabi Bank could mark the beginning of a new era of economic partnerships for Nigeria, further solidifying its role as a major player in the global economy.

In a strategic move to enhance economic resilience and reduce reliance on external debt, the Federal Government of Nigeria has intensified its engagement with global financial institutions.

During a high-level meeting in Abuja, Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, met with World Bank Executive Director, Dr. Zainab Shamsuna Ahmed, to discuss economic partnerships, private sector-driven growth, and sustainable development.
Director of Information and Public Relations Muhammed Manga in a statement quoted Edun who joined by Minister of State for Finance, Dr. Doris Uzoka-Anite, and Permanent Secretary (Special Duties) Mr. Raymond Omenka Omachi, to have reaffirmed Nigeria’s commitment to fostering a business-friendly environment that attracts sustainable investments.
He emphasized the government’s strategy to explore alternative financing beyond traditional multilateral loans, thereby strengthening fiscal stability.

Dr. Ahmed, a former Nigerian Finance Minister, commended the country’s macroeconomic reforms, which she said have boosted investor confidence.
She also highlighted the World Bank’s recent financial reforms, which have increased its lending capacity by $150 billion over the next decade.

A major focus of the discussion was Nigeria’s participation in Mission 300, the World Bank’s initiative to provide electricity access to 300 million Africans. Edun reiterated Nigeria’s commitment to improving power infrastructure, noting its crucial role in driving industrial growth and private-sector competitiveness.

“With President Tinubu’s focus on strengthening Nigeria’s economic foundation and reducing dependency on external borrowing, the country is poised for sustainable, private sector-led development,” Edun stated.

As Nigeria deepens its collaboration with global institutions like the World Bank, the country is expected to witness increased investments, economic diversification, and improved infrastructure. These efforts align with the government’s broader vision for long-term prosperity and global economic integration.

(Ends)