FG examines Trade, Investment, Infrastructure Strategies

 

MINISTER of Finance and Coordinating Minister of the Economy Wale Edun says Federal Government has begun a review of its trade, investment and infrastructure strategies.

This was contained in a statement by the Director, Information and Public Relations in the Ministry of Finance, Mr Mohammed Manga, in Abuja on Thursday.

The News Agency of Nigeria (NAN) reports that the review was done at an Economic Management Team (EMT) session chaired by Edun, on Thursday in Abuja.

Edun said that the move underscored the government’s commitment to positioning Nigeria as a competitive, investor-friendly economy through coordinated policy reforms and diplomatic engagement.

The minister underscored the need for a unified action of aligning Nigeria’s trade processes with global best practice and ensuring policy consistency.
He said that the country can unlock greater opportunities for businesses and deepen investor confidence in country.
Edun said that with unified action and coordinated policy reforms, the country would attain a brighter economic future.

A central feature of the meeting was a detailed presentation by the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, who outlined the Ministry’s current priorities.

These include improving investor retention, accelerating export diversification, and addressing regulatory inefficiencies that hinder private sector growth.

The session also focus on the country’s ongoing engagement with the U.S. following the recent proposal by America to impose a 14 per cent tariff on Nigerian exports.

The EMT reviewed the legal and commercial context surrounding this development, as well as Nigeria’s diplomatic outreach to Washington and multilateral discussions held during the U.S.-Africa CEO Forum in Abidjan.

Minister of Transportation, Sen. Said Alkali, presented his Ministry’s updated budget framework and infrastructure priorities, including logistics upgrades and project pipelines aimed at reducing bottlenecks and enhancing Nigeria’s trade facilitation capacity.

The EMT reiterated its resolve to implement transparent, market-led reforms that support private sector expansion, boost non-oil exports, and deliver sustainable growth across the Nigerian economy.

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