Wale Edun reaffirms Tinubu’s economic growth, development through private sector
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun on Friday reaffirmed the President Bola Tinubu-led Administration’s commitment to leveraging the private sector as a key driver of Nigeria’s economic growth and development.
The Director, Information and Public Relations, Federal Ministry Of Finance, Mr. Mohammed Manga in a statement stated that Edun gave the assurance in his office in Abuja when he received a high-level delegation from the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), on a courtesy visit led by the Director General Mr. Sola Obadimu
Accordiing to his statement, the meeting discussed strategic collaboration on Nigeria’s economic reform programme, with a focus on correcting long-standing structural distortions to build a more resilient and inclusive economy. HM Edun highlighted recent progress in strengthening the Naira, attracting diaspora and domestic capital, as well as reducing import dependence through increased local production.
Speaking earlier, the Director General, NACCIMA, Mr. Obadimu commended key reforms of the present administration, notably the removal of fuel subsidies and unification of the exchange rate, while calling for deeper engagement on tax clarity, access to trade finance for MSMEs, and better alignment between policy timelines and implementation.
The statement added that both parties affirmed that sustained economic transformation will depend on effective public-private partnership, placing the private sector at the centre of Nigeria’s long-term growth strategy. They also discussed NACCIMA’s upcoming 65th Annual Conference and Investment Summit, themed “Harnessing Private Sector Potential to Achieve a One Trillion Dollar Economy by 2030.”
“The meeting underscores the administration’s commitment to private sector-led economic growth and development. As Nigeria continues to navigate its economic challenges, the collaboration between the government and private sector stakeholders will be crucial in driving sustainable growth and development,” the statement added.
