Nigeria, World Bank Partner To Expand Reliable Energy, Boost Agriculture, Enhance Trade Flows

Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has held talks with the visiting Managing Director, Operations, at World Bank Group, Ms. Anna Bjerde, on how Nigeria can collaborate with the global development institution to build a more productive and competitive economy.

Discussions centred around expanding reliable electricity, strengthening agriculture, accelerating digital infrastructure, improving trade flows, and unlocking private sector investment.

Ministry of Finance, in a statement issued on Thursday, said the meeting reaffirmed President Bola Tinubuโ€™s clear economic direction and rising global confidence in the countryโ€™s reform programme.

The minister highlighted strong momentum across key sectors, driven by decisive policy action and a renewed focus on growth, investment, and job creation.

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Edun stated that the governmentโ€™s priority was to create an environment where investment could flow, businesses could grow, and Nigerians could find meaningful work.

The statement added, โ€œDiscussions 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.

โ€œNigeria also reaffirmed its leadership in energy reform and its ambition to serve as a regional economic hub, supported by Abujaโ€™s role as host city to the Economic Community of West African States (ECOWAS).โ€

The statement added, โ€œMs. Bjerde welcomed Nigeriaโ€™s reform progress and commended the governmentโ€™s clarity of purpose, noting increasing confidence from international markets and partners.

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โ€œShe reaffirmed support for Nigeriaโ€™s investment led growth agenda, with emphasis on infrastructure delivery and private sector participation. Both sides agreed on accelerating implementation, attracting capital at scale, and creating opportunities for Nigeriaโ€™s growing population.โ€

Credit p: Arise News

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