Mr. Wale Edun, Minister of Finance and Coordinating Minister of the Economy, has reiterated the gains of the Federal Government reform in all sectors, just as he leads global call for fairer finance.
Edun made the call at the Intergovernmental Group of Twenty-Four (G24) news conference at the International Monetary Fund (IMF)/World Bank Spring Meetings in Washington D.C., on Tuesday.
The minister, who is also the G24 Chairman, outlined strategic priorities for developing economies facing geopolitical tensions, energy disruptions, tightening financial conditions and rising inflation pressures affecting reform efforts.
He said that global support must match the scale of crises, urging expanded access to affordable financing, improved liquidity, and reforms to international financial systems to better serve developing economies.
Edun said that the country’s ongoing reforms are strengthening economic fundamentals, improving policy credibility and enhancing the nation’s capacity to absorb external shocks in spite of persistent global headwinds and uncertainties.
The minister said that macroeconomic stability remains critical for attracting investment, while coordinated fiscal, monetary and trade policies are delivering stronger outcomes and positioning the economy for sustained resilience and growth.
He said that shifting focus beyond stabilisation, the country advocate for job-rich inclusive growth driven by private sector participation, infrastructure development, energy investment, financial inclusion and human capital development across sectors of the economy.
Edun said that Nigeria was leveraging on the leadership of the G24 to influence global economic discussions, advocate fairer outcomes and reinforce domestic reforms through stronger international engagement and strategic positioning.
He reaffirmed Nigeria’s commitment to maintaining stability, strengthening resilience against shocks and driving investment led growth that delivers jobs.
The minister also said that government would continue to ensure higher incomes and improved living standards for Nigerians in spite of the global uncertainties.
