The Federal Government has reiterated its commitment for stronger collaboration with the private sector with a view to driving inclusive economic growth and development.
Speaking during the closing ceremony at the 31st Nigerian Economic Summit (NES), the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, commended the Nigerian Economic Summit Group (NESG) for convening a productive dialogue that brought government, business leaders, and civil society together to align behind reforms essential to Nigeria’s ambition of a $1 trillion economy by 2030.
He stressed that the Summit was about “commitments, not communiqués,” and confirmed that its outcomes would be translated into a time-bound reform matrix, integrated into the Medium-Term National Development Plan.
Highlighting infrastructure as a catalyst for growth, Edun pointed to Nigeria’s Highway Development Management Initiative, targeting 5,300 kilometers of roads under public-private partnerships, more than twice Indonesia’s comparable achievement in 2022.
This, he noted, demonstrates government’s determination to leverage private capital to expand infrastructure, boost competitiveness, and unlock new opportunities across ECOWAS and AfCFTA markets.
The minister also reaffirmed investment in human capital as central to Nigeria’s productivity, citing continued commitment to health, education, and livelihoods through the National Human Capital Development Programme.
For the private sector, the Summit provided clarity on reform priorities and underscored government’s resolve to deliver a more predictable and enabling environment for business growth.
“Reforms must translate into better living standards and lift millions out of poverty. That is the true measure of inclusive growth and the promise of the Renewed Hope Agenda,” he said.
