Nigeria's Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has received Mrs. Zainab Ahmed, Executive Director for Angola, Nigeria, and South Africa (ANSA) at the World Bank, for a strategic briefing on Nigeria's priorities.
Ahmed reaffirmed the Bank's commitment to backing Nigeria's development agenda and commended the country's leadership in continental economic forums.
Edun stressed that Nigeria is steering multilateral support into impactful projects that will expand infrastructure, create jobs, and unlock private sector opportunities. He highlighted ongoing reforms, subsidy removal, improved tax collection, and digitisation as drivers of renewed investor confidence, citing fresh manufacturing investments as proof.
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"We are targeting GDP growth of up to 7% in the medium term—more than double population growth—to significantly raise living standards," Edun said, pointing to agriculture, power, and digital infrastructure as key focus areas.
He welcomed the World Bank's partnership, noting that Nigeria's reform momentum, backed by strategic multilateral support, will set the stage for sustainable growth and SME-led development.
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