Mr Wale Edun, Nigeria’s Finance and Coordinating Minister of the Economy has been appointed as the Chairman of the African Governors’ Forum by the World Bank.
According to a statement on the Ministry of Finance’s X page, the ministry noted that Edun’s appointment makes it the first of such for Nigeria.
“The appointment presents a unique opportunity for Nigeria and aligns with the implementation of President Tinubu’s Renewed Hope Agenda,” the statement elaborated.
The African Governors’ Forum serves as a platform for African finance ministers and central bank governors to engage with the World Bank on matters of shared interest.
Furthermore, Edun has encouraged Indian investors to explore the numerous investment opportunities in Nigeria. He made this appeal while addressing investors at the G20 summit in India.
He highlighted that the Nigerian government has created a conducive environment for investors, ensuring the safety of their capital. Additionally, the administration of President Bola Tinubu is dedicated to removing obstacles related to the foreign exchange rate and prioritizing inflation stability.
“Our primary focus is on attracting global capital and promoting foreign direct investments. This underlines our commitment to job creation, economic diversification, and expanding revenue sources.
“Nigeria is an attractive business destination with abundant opportunities spanning various sectors. The significant macroeconomic challenges related to exchange rate stability, inflation, interest rates, and financial liquidity are currently being addressed.”