FG urges bold reform, smarter investments for economic growth

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The Federal Government has called for bold reforms and smarter investments to address current economic realities.

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, made this call during the Islamic Development Bank (IsDB) Governors’ Retreat held in Al-Madinah, Saudi Arabia.

According to a press release issued by the ministry’s Director of Information and Public Relations, Mohammed Manga, the minister emphasised the need for the IsDB to reassess its approach to development financing in light of present economic challenges.

He called for transformative, high-impact projects in infrastructure, agriculture, rail, and energy, urging the bank to focus on investments with strong returns to ensure sustainable financing.

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