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Home Business & Economy

FG reiterates commitment to creating favourable environment for private sector growth 

by NEW CITIZEN
June 2, 2025
in Business & Economy
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FG reiterates commitment to creating favourable environment for private sector growth 
Mr. Femi Otedola (m) flanked by Mr. Wale Edun (r) and Abubakar Atiku Bagudu during the visit

Mr. Femi Otedola (m) flanked by Mr. Wale Edun (r) and Abubakar Atiku Bagudu during the visit

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The Federal Government has reaffirmed its commitment to fostering a conducive business environment where innovation, transparency, and capital investment can flourish.

The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, gave the assurance today in his office in Abuja during a courtesy visit by esteemed businessman and philanthropist, Mr Femi Otedola.

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Also present at the meeting was the Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, underscoring the coordinated efforts of the economic management team to strengthen private sector engagement.

The ministers and Mr Otedola engaged in a robust discussion on Nigeria’s evolving investment climate, particularly the expanding opportunities in banking and power, including renewable energy.

Otedola commended President Bola Ahmed Tinubu’s bold economic reform agenda and expressed renewed confidence in the direction of policy under the current administration.

He noted that the improving macroeconomic conditions, enhanced regulatory clarity, and pragmatic fiscal measures are not only restoring investor confidence but also creating more level ground for both established conglomerates and emerging enterprises to thrive.

The business tycoon affirmed the readiness of major Nigerian investors, including himself, to increase their commitments in sectors critical to inclusive growth and national competitiveness.

“The gathering reflects the Federal Government’s determination to work hand in hand with the private sector to drive sustainable economic growth and equitable development across the country,” said Mohammed Manga, Director of Information and Public Relations in the ministry, in a press release.

Tags: Abubakar Atiku BaguduFemi OtedolaWale Edun
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