Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said that the ongoing economic reforms will require a solid partnership with the private sector and an improved digital infrastructure.
He recently had his say while speaking during a meeting with the Chairman of Interswitch Group, Ken Olisa, to discuss Nigeria’s reform agenda and private sector collaboration.
At the meeting, Seyi revealed that the ongoing exchange rate unification, subsidy removal, and targeted social investments are presently yielding good fruits when it comes to inflation control and investor confidence, so citizens can expect more economic progress in the coming months.
Highlighting the nation’s successful domestic dollar bond issuance and the commendable global support received during the IMF/World Bank Spring Meetings, Edun noted that digital infrastructure and fintech inclusion remain very key to driving Nigeria’s economic growth.
“The support we are receiving from the international community, particularly at the recent IMF/World Bank Spring Meetings, and the success of our domestic dollar bond issuance, are strong indicators that our strategy is on the right track,” he said.
He concluded by saying Nigerians should rest assured of the government’s readiness to harness private sector expertise and resources to guarantee sustainable economic development.
Interswitch also emphasised its preparedness to aid digital infrastructure and Fintech inclusion as part of Nigeria’s economic transformation goals.
The company praised the government’s reform agenda and expressed its commitment to collaborating with the public sector to improve digital solutions. Interswitch then praised itself for playing a major role in aiding the expansion of Fintech inclusion to broaden access to financial services while also driving inclusive growth.
The productive meeting reinforces the growing synergy between government policies and private sector innovations, especially in leveraging tech to unlock economic potential.
Both sectors are very much aware that a sustained collaboration is required to achieve long-term economic progress and success that will benefit the people of Nigeria.
Folami David is a dynamic journalist who views the world through an analytical lens, translating complex narratives across multiple industries into compelling stories. With an insatiable appetite for information and a keen eye for emerging trends, Folami specializes in uncovering the interconnections between technology, business, culture, and society.
