The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, at the weekend received the World Bank’s Executive Director for Angola, Nigeria, and South Africa (ANSA) Constituency, Mrs. Zainab Shamsuna Ahmed, for a strategic briefing on Nigeria’s development priorities.
According to Mediaplusng.com, Mrs. Ahmed reaffirmed the World Bank’s commitment to supporting Nigeria’s development agenda and commended the country’s leadership role in continental platforms, including the recently held Africa Caucus.
Mr. Edun stressed that Nigeria remains committed to channeling multilateral support into projects that expand infrastructure, create jobs, and unlock private sector investments. He highlighted reforms such as fuel subsidy removal, enhanced tax collection, and digitization as key drivers already attracting international capital, with fresh investments in manufacturing reflecting renewed investor confidence in the economy.
Mediaplusng.com reports that the minister projected a medium-term GDP growth target of up to 7%, more than double the population growth rate, with the aim of significantly raising living standards. He noted that reforms in agriculture, power, and digital infrastructure are central to building a stronger, more competitive Nigerian economy.
Mr. Edun welcomed the World Bank’s continued partnership, emphasizing that Nigeria’s reform momentum, supported by multilateral collaboration, will help deliver sustainable growth and private sector–driven development.
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