Prominent Nigerian businessman Femi Otedola and other major investors have expressed renewed confidence in the Federal Government’s economic reform agenda and pledged to deepen their investments in sectors vital to the country’s inclusive growth and competitiveness.
Otedola made this known during a courtesy visit to the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, yesterday in Abuja.
The visit, which also had in attendance the Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, served as a platform for high-level discussions on Nigeria’s investment landscape and the evolving role of the private sector in driving economic recovery.
During the meeting, Mr Otedola commended President Bola Tinubu’s economic policies, which he described as bold and necessary steps towards repositioning the country for sustainable development.
He said Nigerian investors are prepared to step up their commitments, particularly in strategic sectors.
According to a statement issued by the Federal Ministry of Finance, the presence of both ministers at the meeting, reflected the coordinated efforts of the administration’s economic management team to actively engage with the private sector and ensure alignment between government strategy and investor priorities.
While speaking during the meeting, Mr Edun, pointed to the steady improvement in macroeconomic fundamentals, greater regulatory certainty, and a series of targeted fiscal measures aimed at restoring investor confidence.
He said the Federal Government is focused on building a business environment that supports innovation and productivity while ensuring a level playing field for both long-established companies and emerging enterprises.
According to Edun, these efforts are already beginning to yield results, as more investors demonstrate willingness to expand operations and take advantage of opportunities across various sectors.
The statement added that the Federal Government sees private sector collaboration as central to its plan for achieving sustainable and inclusive growth.
“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,” the ministry said.
Mr Otedola’s expression of support is seen as a strong signal of increasing investor confidence in the economy, particularly as efforts to stabilise inflation, streamline foreign exchange policies, and stimulate production begin to take hold.
The administration has maintained that private capital will play a critical role in meeting Nigeria’s infrastructure, industrial, and employment generation targets, with government initiatives focusing on improving access to finance, ensuring policy consistency, and fostering public-private partnerships across multiple sectors.
The Federal Government has promised to continue to provide the enabling environment needed to support this drive.
