FG Pushes Investment-Driven Growth at IsDB Event in Lagos

FG Pushes Investment-Driven Growth at IsDB Event in Lagos
Wale Edun said the next phase of reforms under President Bola Ahmed Tinubu will rely heavily on large-scale private sector investment
Anasse Aissami said the bank is deepening its partnership with Nigeria to support economic diversification, strengthen institutions, and improve livelihoods

The Federal Ministry of Finance has reaffirmed the Federal Government’s shift toward investment-led growth, highlighting a stronger focus on private capital, productivity, and job creation.

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Eko Hot Blog reports that this was disclosed during the Islamic Development Bank (IsDB) Group Day held in Lagos, as shared on the ministry’s official page on X.

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According to the statement, more than $2.2 billion has already been invested across key sectors of the economy, with plans to scale up collaboration with the Islamic Development Bank (IsDB).

The funds are being directed into critical areas such as energy, infrastructure, agriculture, and digital development to drive sustainable growth.

FG Pushes Investment-Driven Growth at IsDB Event in Lagos — Wale Edun

Speaking at the event, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, said the next phase of reforms under President Bola Ahmed Tinubu will rely heavily on large-scale private sector investment.

He noted that attracting capital and boosting productivity are key to creating jobs and expanding economic opportunities for Nigerians.

Also speaking, IsDB’s Director-General for Country Programs, Anasse Aissami, said the bank is deepening its partnership with Nigeria to support economic diversification, strengthen institutions, and improve livelihoods.

The ministry added that the initiative reflects a broader strategy to mobilise large-scale funding and translate partnerships into real economic impact across the country.