Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has praised Lotus Capital Limited for its leadership in advancing non-interest finance in Nigeria, stressing the need for stronger collaboration between the public and private sectors to mobilise sustainable, long-term capital for national development.
Edun made the remarks in Abuja on Tuesday while hosting a high-level delegation from Lotus Capital, led by Managing Director Hajara Adeola.
The meeting focused on strategies to expand the non-interest finance sector as a tool for inclusive economic growth. Discussions also explored potential initiatives, including a Non-Interest Real Estate Investment Fund and a regular sovereign sukuk issuance programme, aimed at attracting ethical investments into critical infrastructure, enhancing market liquidity, and increasing access to finance for underserved communities.
According to the Ministry, the engagement reaffirms its commitment to innovative financing models that can drive Nigeria’s growth and development, with public-private partnerships seen as key to unlocking the sector’s full potential.
