The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has reaffirmed the Federal Government’s commitment to attracting long-term investments, strengthening Nigeria’s capital market and creating more economic opportunities for businesses and citizens.
Speaking at the S&P Global Africa Summit 2026 in Lagos, the Minister highlighted progress recorded under the government’s ongoing economic reforms, citing economic growth of 4.43% in the second quarter of 2026, gross foreign reserves exceeding $55 billion and private capital inflows approaching $6 billion.
He also outlined plans to deepen participation in regulated investment opportunities through the National Savings Scheme and the Nigerian Capital Market Master Plan 2.0.
The ten-year capital market roadmap, launched in October 2026, targets an increase in retail investors from six million to 20 million by 2036, alongside efforts to expand investment opportunities and mobilise long-term capital.
The Minister stressed that successful capital markets should go beyond rising market valuations to focus on financing businesses, supporting reliable electricity and infrastructure, and creating productive employment opportunities.
He reaffirmed the government’s commitment to policy consistency, fiscal transparency and sustainable economic growth, noting the importance of translating economic stability into investments that improve livelihoods and deliver shared prosperity.
The Federal Ministry of Finance reiterated its commitment to ensuring that ongoing economic reforms translate into tangible benefits for Nigerians.
Source: Federal Ministry of Finance.