Nigeria is stepping up efforts to attract foreign investment and expand its economic footprint, Finance Minister and Coordinating Minister of the Economy, Dr. Wale Edun, said at the World Economic Forum in Davos.
Edun highlighted Nigeria’s focus on productivity-driven investments, job creation, and export growth, noting recent reforms to create a predictable and profitable investment climate.
“We’re here to stake our claim for foreign direct investment,” he said, pointing to recent economic partnerships, including an agreement with the UAE.
He stressed that initiatives aimed to benefit Nigerians directly, through re-industrialisation, youth empowerment, technology development, and job creation.
Ongoing infrastructure projects, including a 90,000-kilometre fibre-optic network, are intended to expand opportunities for digital services exports.
On macroeconomic policy, Edun emphasised stability, private sector participation, and high-return investment opportunities, adding that Nigeria aims for growth exceeding population expansion to lift millions out of poverty.
“Our ultimate aim is rapid, inclusive growth that creates jobs and increases incomes,” he said.
