FG ADVOCATES FOR BOLD REFORM, SMARTER INVESTMENTS TO DRIVE ECONOMIC GROWTH
Oladipupo Olamiposi@olamiposioladipupo247606
3 days ago
The Federal Government has called for bold reforms and smarter investments to address current economic realities.
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, made this call during the Islamic Development Bank Governors’ Retreat held in Al-Madinah, Saudi Arabia.
According to a press release issued by the ministry’s Director of Information and Public Relations, Mohammed Manga, the minister emphasised the need for the bank to reassess its approach to development financing in light of present economic challenges.
He called for transformative, high-impact projects in infrastructure, agriculture, rail, and energy, urging the bank to focus on investments with strong returns to ensure sustainable financing.
The minister further stressed the necessity for robust monitoring systems to assess the real impact of the bank’s initiatives, reflecting Nigeria’s commitment to enhancing the bank’s effectiveness for member states.
