The World Bank Group has welcomed Nigeria’s reform progress and commended the Federal Government’s clarity of purpose, noting increasing confidence from international markets and partners.
This emerged from a meeting held this week in Abuja between the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, and the Managing Director of Operations at the World Bank Group, Ms. Anna Bjerde, alongside senior officials.
Discussions centred on expanding reliable electricity, strengthening agriculture, accelerating digital infrastructure, improving trade flows, and unlocking private sector investment, all central to building a more productive and competitive economy.
Ms. Bjerde reaffirmed support for Nigeria’s investment led growth agenda, with emphasis on infrastructure delivery and private sector participation.
Mr Edun highlighted strong momentum across key sectors, driven by decisive policy action and a renewed focus on growth, investment, and job creation.
He also reaffirmed Nigeria’s leadership in energy reform and its ambition to serve as a regional economic hub, supported by Abuja’s role as host city to the Economic Community of West African States (ECOWAS).
Both sides agreed on accelerating implementation, attracting capital at scale, and creating opportunities for Nigeria’s growing population.
Mohammed Manga, the Director of Information and Public Relations in the Federal Ministry of Finance, noted in a press release that the meeting reaffirmed President Bola Ahmed Tinubu’s clear economic direction and rising global confidence in the country’s reform programme.
“This milestone underscores Nigeria’s commitment to sustainable economic growth and positions the nation as a key player in regional and global markets,” he said.
