Nigeria has reiterated its dedication to sustained economic reforms at the recent G20 Investment Dialogue in Johannesburg. Finance Minister Wale Edun addressed global investors and South African business leaders, highlighting progress in restoring macro‑economic stability and creating a more predictable environment for private capital.
The minister noted that Nigeria’s GDP growth strengthened to 4.23 percent in the second quarter of 2025, while inflation began to moderate. External reserves have risen to $46.3 billion, and growth is now more broad‑based, driven by key sectors such as telecommunications, trade, construction, rail, electricity and refining. According to Edun, the reforms are designed to accelerate private‑sector‑led growth, making Nigeria an attractive destination for investors. “The message to investors is clear: Nigeria is not only open for business, but it is also reforming to accelerate private‑sector‑led growth,” he said.
This assurance is expected to boost investor confidence and attract more foreign investment. Nigeria’s participation in the G20 Investment Dialogue demonstrates its commitment to engaging with the global community and showcasing its economic potential. The reforms aim to create a favourable business environment characterised by stability, predictability and opportunities for growth, positioning Nigeria as a more competitive player in the global economy.
The G20 Investment Dialogue provides a platform for countries to share experiences and best practices in promoting economic growth and development. Nigeria’s active involvement underscores its willingness to learn from others and adopt strategies that can drive its economic progress. With its rich natural resources, large market and strategic location, Nigeria is well‑positioned to become a major economic powerhouse in Africa and a significant player on the world stage.
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