FG committed to market-driven reforms, says Edun to JP Morgan delegation

Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun on Wednesday said to a high-level delegation from JP Morgan that the Federal Government under President Bola Tinubu leadership is committed to market-driven reforms.

The JP Morgan delegation who was led by Dapo Olagunju, Head of West Africa, met with the Minster at Finance HQ to explore investment opportunities and economic strategies.

The Ministry on X tweets that the delegation, which included major investors with significant holdings in Nigeria’s Eurobonds and local securities, was part of a fact-finding trip organised by JP Morgan for a diverse group of international institutional investors seeking insights into Nigeria’s economic landscape.

During the discussions, Edun highlighted Nigeria’s recent economic milestones, including a successful Eurobond transaction completed without a roadshow, thanks to strong global investor engagement.

He emphasised FG’s ongoing efforts to attract foreign investment through strategic international engagements and reaffirmed the government’s commitment to market-driven reforms.

The Minister also pointed to key developments in the energy sector, including new agreements with the International Finance Corporation (IFC) aimed at expanding electricity access to 400,000 Nigerians in the first instance.

On inflation, the minister assured investors that the Central Bank of Nigeria is implementing orthodox monetary policies while the government works to boost agricultural production and stabilise food prices.

Related Articles

Back to top button