FG Reiterates Commitment to Creating Favourable Business Environment for Private Sector

FG Reiterates Commitment to Creating Favourable Business Environment for Private Sector

JOEL OLADELE, Abuja

The Federal Government has reaffirmed its commitment to fostering a conducive business environment where innovation, transparency, and capital investment can flourish.

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, gave the assurance recently in his office in Abuja during a courtesy visit by businessman and philanthropist, Femi Otedola.

Also present at the meeting was the Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, underscoring the coordinated efforts of the economic management team to strengthen private sector engagement.

The Ministers and Otedola engaged in a robust discussion on Nigeria’s evolving investment climate, particularly the expanding opportunities in banking and power, including renewable energy.

Otedola commended President Bola Ahmed Tinubu’s bold economic reform agenda and expressed renewed confidence in the direction of policy under the current administration.

He noted that the improving macroeconomic conditions, enhanced regulatory clarity, and pragmatic fiscal measures are not only restoring investor confidence but also creating more level ground for both established conglomerates and emerging enterprises to thrive.

The business tycoon affirmed the readiness of major Nigerian investors, including himself, to increase their commitments in sectors critical to inclusive growth and national competitiveness.