The International Monetary Fund (IMF) and the International Finance Corporation (IFC) have lauded the President Bola Ahmed Tinubu administration for implementing structural reforms aimed at making Nigeria a more attractive investment destination.
Both institutions noted that the reform measures are already delivering tangible results, including macroeconomic stability, a slowdown in inflation, improved foreign exchange (FX) market stability, and growing foreign reserves.
Speaking yesterday in Lagos at the International Business Conference and EXPO 2025: Invest Nigeria, organised by the Lagos Chamber of Commerce and Industry (LCCI), IMF Resident Representative Dr. Christian Ebeke and IFC Principal Country Officer for Nigeria Mr. Christian Mulamula urged the administration to remain committed to its chosen reform path.
“Nigeria is on the right trajectory. Sustaining these reforms will solidify investor confidence and unlock growth opportunities,” Ebeke said.
President Tinubu, represented by Minister of State for Industry, Trade and Investment, Senator John Owan Enoh, assured investors of the government’s commitment to policy stability.
He disclosed that discussions are ongoing with major global automobile manufacturers to create an enabling environment for them to establish production plants in Nigeria.
The event brought together key stakeholders from the public and private sectors to explore strategies for positioning Nigeria as a leading investment hub in Africa.
