FG Pledges to Expand Industrial Capacity and Mobilize Investments
By Patience Ikpeme
The federal government has pledged to strengthen Nigeria’s trade integration agenda and mobilize investments to support sustainable growth across the continent.
This commitment was made by the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, while attending the Intra-African Trade Fair (IATF) in Algiers.
According to a statement from the Ministry of Finance, the trade fair is “a critical gateway to unlocking new opportunities across the continent.”
On the sidelines of the event, Mr. Edun held high-level meetings with Professor Benedict Oramah, the President and Chairman of Afreximbank, and former President Olusegun Obasanjo, who is the Chair of IATF 2025.
The statement said their discussions centered on “strengthening Nigeria’s trade integration agenda, expanding industrial capacity, and mobilising investments to support sustainable growth across the continent.”
The second day of the fair included events such as the Trade Forum, Arise Industrialization Day, Global Africa Day, and the CANE Auto Forum, all of which highlighted Africa’s increasing role in global supply chains.
After his engagements, the Minister spoke about Nigeria’s commitment to reforms that create a competitive and favorable environment for trade and enterprise.
He added that President Bola Ahmed Tinubu’s policies are working to position Nigeria as a hub for value-added production and a driving force for the continent’s economic integration.
