The Federal Government has outlined a strategic roadmap to drive renewed economic stability and accelerated growth, focusing on private sector-led investment, job creation, and improved public services.
Speaking at a media briefing in Abuja, Finance Minister and Coordinating Minister of the Economy, Mr. Wale Edun, highlighted the government’s dual objectives: creating a stable macroeconomic environment to support private sector growth and enhancing public investment in critical sectors such as education, health, and infrastructure.
“Our goal is to translate this strategy into more and better jobs, higher incomes, and improved public services for Nigerians,” Edun said.
Despite global uncertainties, Edun noted that Nigeria’s economy is diversifying, with GDP growth reaching 3.13% in Q1 2025 and inflation moderating to 22.22% by June 2025. Foreign exchange reserves stood at $39 billion in July 2025.
The government is prioritizing capital spending on critical sectors, targeting 7% annual GDP growth through private investment, infrastructure expansion, energy security, and agricultural development.
Edun emphasized that fiscal discipline and structural reforms are key to building investor confidence, reducing inflation, and improving household purchasing power.
He further underscored the administration’s commitment to transparent, targeted spending, ensuring public resources work effectively to deliver inclusive and sustainable growth.
With these measures, the Federal Government aims to position Nigeria for a brighter, more prosperous economic future.
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