The Minister of State for Finance, Dr. Doris Uzoka-Anite, has expressed optimism that Nigeria’s economy is projected to grow by 7% in 2025, surpassing the initial target projection of 4.6% set in the 2025 budget.
She attributed this growth to the effectiveness of the economic reforms, the vibrancy of the business ecosystem, and strategic initiatives undertaken to stimulate key sectors, with the government aiming to crowd-in private sector investment as the primary engine of sustainable growth.
The minister revealed this today in Abuja at a high-level interactive session organised by the Federal Ministry of Finance, which brought together members of the Senate and House of Representatives Committee on Finance, heads of agencies, and directors of the ministry.
The retreat, themed, “Strengthening Collaboration for Sustainable Financial Management and National Development,” aimed to foster collaboration and coordination across all levels of government and sectors, and to align policy priorities and strategies for achieving the Renewed Hope Agenda of the Tinubu Administration.
“As we forge ahead, I call on all stakeholders to join hands with the government to drive sustainable growth and development,” the minister said.
“Let us work together to create a brighter future for Nigeria. We owe it to ourselves, our children, and generations to come,” she added.
Speaking earlier, the Permanent Secretary of the Federal Ministry of Finance, Mrs. Lydia Shehu Jafiya, assured that the ministry would continue to provide an enabling environment for the successful implementation of the policies and programmes of the Federal Government in line with the policy thrust of the present administration.
She assured that the senior management staff of the ministry would continue to deploy their wealth of experience in driving the ministry’s development priorities
Mr. Raymond Omenka Omachi, the Permanent Secretary, Special Duties, applauded the sterling leadership quality of the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, and the Minister of State for Finance, Dr. Doris Uzoka-Anite, which enables the ministry to deliver on its mandate.
He also thanked the members of the National Assembly, other stakeholders, and ministry’s senior officials for their participation and impactful contributions at the retreat.
In her presentation, the SSA to the President on Policy and Coordination and Head, Central Coordinating Unit, Hajiya Hadiza Bala Usman, commended the Federal Ministry of Finance for organising the retreat.
She also urged the civil service to streamline work processes and promote accountability, meritocracy, professionalism, loyalty, and efficiency.
Speaking on behalf of the Senators present at the event, Distinguished Senator Osita Ngu, assured that the legislative arm of government would continue to collaborate with the executive in order to ensure the realization of the policy objectives of government for the good of all Nigerians.
The high-level interactive session, which was virtually declared open by the Mr. Edun yesterday, came to a close with a renewed sense of purpose and collaboration.
The Director of Information and Public Relations, Mohammed Manga, said in a press statement: “With a clear roadmap for achieving sustainable growth and development, the Federal Ministry of Finance, in partnership with the legislative arm of government, is poised to drive Nigeria’s economic prosperity.
“As the country continues on its path towards a brighter future, one thing is clear: the collective efforts of all stakeholders will be crucial in realising the Renewed Hope Agenda and securing a prosperous tomorrow for all Nigerians.”
