Minister of Finance and Coordinating Minister of the Economy, Wale Edun, yesterday, said the federal government was shifting focus towards aggressive capital mobilisation and large-scale project execution to drive job creation and sustain economic growth.
Edun, who spoke at the Islamic Development Bank (IsDB) Group Day in Lagos, said Nigeria was transitioning from a phase of macroeconomic stabilisation to one anchored on growth acceleration and investment mobilisation under the Renewed Hope Agenda of President Bola Tinubu.
The federal government, also yesterday, signed a partnership and strategic agreement on Country Engagement Framework with IsDB, aimed at deepening collaboration and expanding development financing in Nigeria.
According to Edun, the administration’s priority is to channel investments into productive sectors capable of expanding output, boosting incomes and reducing poverty.
He explained, “Clearly, we are moving from the stabilisation of the economy to a trajectory of growth, acceleration and investment mobilisation. It is investments that increase productivity, grow the economy, create jobs, give people incomes and reduce poverty, and that is the overall aim of the macroeconomic agenda of the president.”
