G20 ENGAGEMENTS: FG SIGNALS STRENGTHENED INVESTMENT CLIMATE

"Growth is increasingly broad-based, driven by telecommunications, trade, construction, rail, electricity and refining." Wale Edun.

.... Says "The message to investors is clear. Nigeria is not only open for business; Nigeria is reforming to accelerate private-sector-led growth". 

The Federal Government has reaffirmed its commitment to deepening sustained economic reforms as the G20 Investment Dialogue concludes in Johannesburg, South Africa 

Addressing global investors and South African business leaders, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, outlined how recent reforms are restoring macroeconomic stability and creating a more predictable environment for private capital.

He informed that GDP growth has strengthened to 4.23% in Q2 2025, inflation has begun to moderate, and external reserves now stand at $46.3 billion. 

The Minister added that growth is increasingly broad-based, driven by telecommunications, trade, construction, rail, electricity and refining.

"The message to investors is clear," Edun restated, saying that; "Nigeria is not only open for business; Nigeria is reforming to accelerate private-sector-led growth". 

With a strengthened investment climate and a growing economy, Nigeria is poised for sustainable growth and development. The Federal Government invites investors to join the journey of growth and prosperity, leveraging the country's vast potential and opportunities.

This is contained in a statement issued and signed by the Director, Information and Public Relations, Mohammed Manga FCAI, and made available to Naij News Alert in Abuja.

 

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