Fg reaffirms commitment to creating conducive business environment for private sector development
The Federal Government has reaffirmed its commitment to fostering a favourable business environment where innovation, transparency, and capital investment can flourish.
The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, gave the assurance Monday in his office in Abuja during a courtesy visit by esteemed businessman and philanthropist, Mr Femi Otedola.
Present at the meeting was the Honourable Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, underscoring the coordinated efforts of the economic management team to strengthen private sector engagement.
A statement signed by the Director, Press and Public Relations of the Ministry, Mr. Mohammed Manga disclosed that the Ministers and Mr Otedola engaged in a robust discussion on Nigeria’s evolving investment climate, particularly the expanding opportunities in banking and power, including renewable energy.
Mr Otedola commended President Bola Ahmed Tinubu’s bold economic reform agenda and expressed renewed confidence in the direction of policy under the current administration.
He noted that the improving macroeconomic conditions, enhanced regulatory clarity, and pragmatic fiscal measures are not only restoring investor confidence but also creating more level ground for both established conglomerates and emerging enterprises to thrive.
The business tycoon affirmed the readiness of major Nigerian investors, including himself, to increase in their commitments to sectors critical to inclusive growth and national competitiveness.
The gathering reflects the Federal Government’s determination to work hand in hand with the private sector to drive sustainable economic growth and equitable development across the country.