The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has hailed the listing of the MOFI Real Estate Investment Fund (MREIF) on the Nigerian Exchange (NGX) as a milestone in deepening Nigeria’s capital markets and advancing President Bola Ahmed Tinubu’s reform agenda.
He said the ₦100-per-unit fund opens a new pathway for ordinary Nigerians to save, invest, and participate in the nation’s economic growth, while supporting the administration’s goal of expanding affordable housing and inclusive investment opportunities.
He noted that the NGX’s strong performance, up nearly 50% this year, reflects renewed investor confidence following fiscal and monetary reforms that are stabilising revenues, reserves, and the exchange rate.
The minister reaffirmed government’s commitment to balanced tax reform and urged continued collaboration between the financial and technology sectors to make investing simple and accessible to all.
“A healthy capital market that empowers citizens to invest is the surest path to sustainable, inclusive growth,” he said.
