Nigeria’s economy is experiencing steady growth, creating attractive investment opportunities, according to the Minister of Finance and Coordinating Minister of the Economy, Wale Edun.
Speaking in Abuja on Thursday, Edun welcomed a high-level delegation from First Abu Dhabi Bank, led by Group Head of Investment Banking, Martin Tricaud, to discuss investment prospects and strategic collaborations.
Edun highlighted Nigeria’s economic transformation over the past 18 months, citing key reforms such as market-driven pricing for foreign exchange and petroleum products, expanded trade under the African Continental Free Trade Area (AfCFTA), and improved revenue from both oil and non-oil sectors.
He stated that these measures have stabilised the economy, boosted Gross Domestic Product (GDP) growth, and strengthened the trade balance.
“The progress we have made in stabilising the economy and driving growth reflects our administration’s commitment to economic reforms,” Edun said. “We are eager to showcase these opportunities to investors and partners like First Abu Dhabi Bank.”
The minister also emphasised the government’s efforts to enhance food production and affordability, ensuring long-term economic resilience. He described the meeting as a crucial step in attracting foreign investment and strengthening economic ties with key partners.
“This partnership with First Abu Dhabi Bank is expected to unlock new opportunities for investment, job creation, and economic development,” Edun added.
Tricaud commended Nigeria’s economic progress and expressed confidence that the collaboration would yield mutual benefits for Nigeria and the United Arab Emirates (UAE).
Credit: NAN (Text Excluding Headline )
