NIGERIA’S ECONOMY ON THE RISE AS WALE EDUN SHOWCASES PROGRESS TO FIRST ABU DHABI BANK DELEGATION
The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has stated that the country’s economy is on the rise with great investment opportunities
The Minister disclosed this today in his office in Abuja when he met with a high-level delegation from First Abu Dhabi Bank, led by the Group Head of Investment Banking, Martin Tricaud, to discuss investment opportunities and strategic partnerships
HM Edun highlighted Nigeria’s economic transformation over the past 18 months, citing key reforms such as market-driven pricing for foreign exchange and petroleum, increased trade through AfCFTA, and stronger revenue from both oil and non-oil sectors.
He noted that these measures have stabilised the economy, improved GDP growth, and strengthened the trade balance.
“The progress we have made in stabilising the economy and driving growth is a testament to our administration’s commitment to economic reform.”
Stressing that, “we are eager to showcase these opportunities to investors and partners, like First Abu Dhabi Bank.”
The Minister also emphasised efforts to boost food production and affordability, ensuring long-term economic resilience.
The meeting marks a significant step in Nigeria’s efforts to attract foreign investment and strengthen economic ties with key partners.
With Nigeria’s economy poised for continued growth, this partnership with First Abu Dhabi Bank is expected to unlock new opportunities for investment, job creation, and economic development.
