Nigeria Pledges Commitment to Global Economic Stability at G20 Meeting
By Patience Ikpeme
The Nigerian Government has reaffirmed its commitment to global economic stability, sustainable development, and financial resilience during the G20 Finance Ministers and Central Bank Governors Meeting held in Cape Town, South Africa.
Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, conveyed this pledge while engaging with global international financial leaders.
During the meeting, Minister Edun actively participated in discussions focused on strengthening macroeconomic cooperation, mobilizing investments for sustainable growth, and enhancing financial support for developing economies. His contributions aimed to shape global economic policies that foster inclusive prosperity and bolster Nigeria’s position in the international economic landscape.
A statement released by the Ministry of Finance highlighted that Minister Edun’s presence at the G20 meeting underscores Nigeria’s proactive role in contributing to global economic discourse and policy formulation. “His participation reflected Nigeria’s proactive role in shaping global economic policies that foster inclusive prosperity as well as bolster Nigeria’s position in the global economy,” the statement read.
The Minister’s engagement with global financial experts is seen as a strategic move to leverage international cooperation and expertise to drive economic growth and stability within Nigeria, aligning with the “Renewed Hope Agenda” of President Bola Ahmed Tinubu’s administration.
“As Nigeria continues to play a proactive role in shaping global economic policies, Edun’s participation at the G20 Summit underscores the country’s commitment to fostering inclusive prosperity and sustainable development,” the statement emphasized.
By actively championing global economic stability and sustainable development, Nigeria aims to position itself as a key player in the global economy. The government seeks to utilize international partnerships and knowledge sharing to implement effective economic policies that will benefit the nation and contribute to a more stable and prosperous global economic environment.
This participation also demonstrates Nigeria’s dedication to addressing global economic challenges and working collaboratively with other nations to achieve shared goals.
