The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has reaffirmed the government’s commitment to private-sector-led growth, as the World Bank today launched its latest Nigeria Development Update (NDU) themed *Building Momentum for Inclusive Growth.*

Edun described the Bank as *a tremendous development partner,* praising its technical support and concessional financing via the International Development Association. *We’d like them to continue and to give us more of that to boost us on our way,* he said.

The Minister highlighted progress on fiscal transparency and renewed investor interest across key sectors, stating, *It is investment that grows the economy, creates high-quality jobs, and lifts Nigerians out of poverty in their millions.*

The World Bank projected 3.6% growth in 2025, citing Nigeria’s strongest economic performance in a decade, improved revenue mobilisation, and rising foreign reserves. *There is a lot to be positive about on Nigeria,* said Acting Country Director Taimur Samad, while calling for continued monetary discipline to curb inflation.

The NDU is the Bank’s flagship economic report, published twice a year to support evidence-based policymaking.

As Nigeria builds momentum for inclusive growth, the government's commitment to private-sector-led development and the World Bank's support underscore a promising future for the country's economy. With sustained investment and prudent policy decisions, Nigeria is poised to unlock its vast potential and drive sustainable growth.