Business News of Wednesday, 27 August 2025

Source: www.thenationonlineng.net

Nigeria pitches investment opportunities to Brazilian investors

Wale Edun Wale Edun

Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has assured international investors of the country’s readiness to leverage its vast market potential, demographic strength, and ongoing reforms to drive long-term prosperity.

Edun gave the assurance in São Paulo, Brazil, where he led Nigeria’s economic delegation to a high-level Business Roundtable hosted by Citi at its headquarters.

The engagement was part of activities marking President Bola Ahmed Tinubu’s State Visit to Brazil.

In his keynote address, the Minister outlined Tinubu’s economic reform agenda, which is aimed at restoring fiscal sustainability, unlocking private capital, and accelerating inclusive growth.

He pointed to investments in infrastructure, energy transition, and technological innovation as areas that would underpin Nigeria’s economic transformation.

“Our priority is to foster an enabling environment where global investors and Nigerian enterprise can thrive together. Brazil is a natural partner in this journey,” Edun said while addressing the roundtable.

The Nigerian delegation also included the Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, and the Governor of the Central Bank of Nigeria, Dr. Olayemi Cardoso. The team engaged Brazilian corporate leaders, investors, and Citi executives on ways to strengthen bilateral investment flows and expand South-South economic cooperation.

According to Edun, Nigeria’s ongoing reforms under the Renewed Hope Agenda are designed to build macroeconomic stability and create opportunities for sustainable private-sector-led growth.

The Business roundtable served as a platform for Nigeria to deepen its economic partnership with Brazil, while also reassuring international stakeholders of the government’s determination to build an investment-friendly environment and open new avenues for collaboration.