The Federal Government has laid out a bold and strategic path for economic renewal, with the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, unveiling a comprehensive roadmap anchored on investment-led growth, job creation, and poverty reduction.
This came during the Q2 Citizens and Stakeholders Engagement hosted by the Federal Ministry of Finance in Abuja, part of its quarterly effort to drive transparency, citizen participation, and results-focused governance.
Edun, addressing an audience of policymakers, development partners, civil society, and private sector leaders, announced Nigeria’s transition into a decisive third phase of reforms, following the stabilization of foreign exchange markets and recovery of investor confidence.
Director of Information and Public Relations, Mohammed Manga, in a statement quoted the Minister thus,
“We have moved from crisis management to economic repositioning,” he said. “Now, we are driving targeted investments, expanding fiscal space, and laying the groundwork for inclusive, sustainable development.”
He listed Key Achievements So Far to include a surge in Foreign reserves from under $4 billion to over $23 billion in less than a year, Credit rating upgrades from global agencies, reflecting improved macroeconomic fundamentals and Increased FDI flows, notably in energy and infrastructure, reflecting restored investor trust.
The Minister outlined the government’s near-term focus in
Scaling up industrial and digital investments, Accelerating disbursement of development financing and Deepening social protection and inflation control measures
In her remarks, Minister of State for Finance, Dr. Doris Uzoka-Anite, emphasized the importance of institutional openness and public accountability:
“This engagement is part of our democratic responsibility — to share, listen, and co-create with Nigerians,” she said. “We are building an economy that listens and delivers.”
Permanent Secretary, Special Duties, Mr. Raymond Omenka Omachi, stressed that policy execution is the cornerstone of this reform agenda:
“Our priority is not just making policy pronouncements but ensuring they are implemented with precision and measurable impact.”
Nigeria’s new trajectory — built on fiscal reform, private sector collaboration, and transparency — is positioning the country as a leading frontier economy in Africa. The renewed macroeconomic stability and commitment to structural reforms are laying the foundation for long-term growth and resilience.
With institutional clarity, investment confidence, and a consistent reform message, the Ministry affirmed its determination to deliver results that matter for the Nigerian people.