Otedola meets Finance Minister to boost private sector investment

Abdullateef Fowewe

Prominent businessman and philanthropist, Femi Otedola, on Monday, held a strategic meeting with the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, at the Ministry’s office in Abuja.

The discussion according to a statement by the Ministry of Finance on Monday, focused on expanding private sector investment amid Nigeria’s evolving economic landscape.

During the meeting, Otedola praised President Bola Tinubu’s bold economic reform agenda, highlighting the improving macroeconomic conditions and enhanced regulatory clarity.

Otedola expressed his commitment, alongside other major Nigerian investors, to deepen investments in critical sectors such as banking, power, and renewable energy—areas pivotal to inclusive growth and national competitiveness.

The statement stated, “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.

“He affirmed the readiness of major Nigerian investors, including himself, to increase their commitments in sectors critical to inclusive growth and national competitiveness.”

Edun in his remark reaffirmed the government’s dedication to fostering a business environment conducive to innovation, transparency, and capital investment.

“Minister Edun, in turn, reiterated the government’s unwavering focus on fostering a business environment where innovation, transparency, and capital investment can flourish. He emphasised that the ultimate aim of ongoing reforms is to unlock long-term prosperity for all Nigerians, by empowering the private sector as the engine of job creation, productivity, and shared wealth,” the statement added.