The Federal Government says Nigeria’s investment climate is strengthening significantly on the back of ongoing macroeconomic reforms and renewed global confidence, following high-level engagements at the G20 Investment Dialogue in Johannesburg.
Director and Information and Public Relations, Muhammed Manga in a statement quoted the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, to have told international investors and South African business leaders that Nigeria’s reform agenda is beginning to deliver measurable results.
Edun highlighted improved macroeconomic indicators, noting that GDP growth accelerated to 4.23% in Q2 2025, inflation has started a downward trend, and external reserves have risen to $46.3 billion, signalling stronger external buffers.
According to the minister, growth is becoming increasingly diversified, with key contributions from telecommunications, trade, construction, rail, electricity, and refining—sectors seen as pivotal for private-sector expansion and job creation.
“The message to investors is clear,” Edun said. “Nigeria is not only open for business; Nigeria is reforming to accelerate private-sector-led growth.”
He added that the government’s policy direction is anchored on transparency, fiscal consolidation, and long-term economic stability, positioning Nigeria as one of Africa’s most attractive destinations for capital inflows.
The statement stressed that with a more predictable business environment emerging from ongoing reforms, Nigeria is “poised for sustainable growth and development,” and urged global investors to take advantage of the country’s vast opportunities.
The press release was signed by Mohammed Manga, Director of Information and Public Relations at the Ministry of Finance.