Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has emphasised that deeper collaboration between the public and private sectors is essential for mobilising sustainable, long-term capital to drive Nigeria’s development.
Edun made the remarks in Abuja on Thursday while hosting a high-level delegation from Lotus Capital Limited, led by Managing Director Mrs. Hajara Adeola. He commended the company for its role in advancing non-interest finance in Nigeria, describing it as a vital tool for inclusive growth and expanding access to ethical investment opportunities.
According to a statement from the Ministry of Finance, the meeting explored strategies to expand the non-interest finance sector, positioning it as a catalyst for broad-based economic growth. Key proposals included the creation of a Non-Interest Real Estate Investment Fund and the establishment of a regular sovereign sukuk issuance programme.
The ministry noted that such initiatives could channel ethical investment into critical infrastructure projects, enhance market liquidity, and widen access to finance for communities historically underserved by conventional banking.
