Nigeria’s Economy: ‘Amid global uncertainty, Nigeria targets rapid economic growth and job creation’ – Wale Edun

Nigeria’s Economy: ‘Amid global uncertainty, Nigeria targets rapid economic growth and job creation’ – Wale Edun

Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, said, ““We are focused on creating sustainable jobs for young Nigerians, supported by investment in critical infrastructure such as digital connectivity, access to data, and fibre optic networks””.

The Minister made the statement at the conclusion of the 2025 IMF and World Bank Spring Meetings in Washington, D.C., United States (US).

“Despite a challenging global environment marked by high debt, rising interest rates, and geopolitical tensions, Nigeria remains firmly on the path of reform, stability, and growth.”

According to Sunday Dare (X/@SundayDareSD), Special Adviser, Media & Public Communication/Spokesperson to President Bola Tinubu:

Wale Edun: Nigeria targets rapid economic growth and job creation amid global uncertainty

Nigeria’s economic outlook is strengthening, with the Federal Government targeting 7% economic growth and large-scale job creation, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has announced.

Speaking at the conclusion of the 2025 IMF and World Bank Spring Meetings in Washington, D.C., Edun highlighted that, despite a challenging global environment marked by high debt, rising interest rates, and geopolitical tensions, Nigeria remains firmly on the path of reform, stability, and growth.

“We are focused on creating sustainable jobs for young Nigerians, supported by investment in critical infrastructure such as digital connectivity, access to data, and fibre optic networks,” Edun stated. “By crowding in the private sector and driving domestic revenue mobilisation, we are stabilising the economy and creating an environment where businesses can thrive.”

The Minister reaffirmed that the government’s economic strategy, anchored by President Bola Ahmed Tinubu’s administration, is delivering results, with international partners acknowledging Nigeria’s policy direction.

“At both the IMF and the World Bank, Nigeria’s reform programme — spanning fiscal, monetary, and structural policies — has been recognised as being on the right track. Despite global uncertainty, Nigeria is poised for resilient, inclusive growth,” Edun added.

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