The Federal Government has emphasised its commitment to investment led growth at the Islamic Development Bank, IsDB, Group Day held in Lagos, marking a shift from economic stabilisation to a focus on private capital, productivity and job creation.
The development was shared on the Federal Ministry of Finance’s official X page.
According to the statement, over $2.2 billion has already been deployed across key sectors.
It added that the partnership with the IsDB is being scaled up to accelerate investment in energy, infrastructure, agriculture and digital development.
Speaking at the event, the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, said the next phase of President Bola Tinubu’s reform agenda will rely on large-scale private sector investment to attract capital, create jobs, and expand economic opportunities for Nigerians.
It was further noted that the IsDB is strengthening its partnership with Nigeria to build a resilient economy, create jobs, and improve livelihoods.
“Director General, Country Programs at IsDB, H.E. Anasse Aissami, noted that the Bank is deepening its partnership with Nigeria to support a diversified and resilient economy, with a focus on job creation, institutional strength and improved livelihoods,” the statement read.
The Ministry noted that the initiative reflects a broader strategy to mobilise capital at scale and turn partnerships into tangible economic outcomes across the country
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