Juliet Ezeh
Nigeria is ramping up efforts to attract large-scale investment as it targets a seven per cent annual Gross Domestic Product (GDP) growth rate, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, said on Monday in Lagos IsDB, Anasse Aissami, reaffirmed the bank’s commitment to supporting Nigeria’s economic transformation. Aissami said the IsDB would expand interventions across agriculture, energy, transport, health, and education, scaling support beyond the past 25 years over the next five-year engagement framework (2026–2028).
The event, which brought together government officials, private sector leaders, development partners, and international stakeholders, featured a Memorandum of Understanding signing, business partnership presentations, a news conference, and panel discussions.
Nigeria’s economic strategy under the IsDB partnership underscores a shift toward private investment-led growth, social development, and infrastructure-driven productivity gains as the country targets a $1 trillion economy.
Juliet Ezeh is the founder and chief reporter at Westbridge Reporters with over 7 years of experience in journalism. She covers crime, industry, policy, and social developments, delivering timely and accurate reporting.