Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has stated that Public-Private Partnerships (PPPs) are a critical tool in addressing the nation’s $100 billion annual infrastructure deficit.
According to a statement from the Ministry, Edun stated this at the 2025 KPMG Arise TV Budget News Day, where he outlined Nigeria’s fiscal priorities and economic direction for the coming year.
He reaffirmed the government’s commitment to fiscal discipline, revenue mobilisation, and an improved investment climate.
The Minister highlighted a projected GDP growth of 4.6 per cent for 2025, with a long-term ambition of seven per cent annually, a crucial target for poverty reduction and sustainable development.
He emphasised that macroeconomic stability remains a top priority. He added that, exchange rate stability, trade surplus, and increased oil production will position Nigeria as a strong global player.
He noted that foreign reserves have exceeded $40 billion, signalling confidence in economic policies and financial management.
