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A high-level delegation from JP Morgan, led by Dapo Olagunju, Head of JP Morgan West Africa, met with Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, to discuss investment opportunities in the country.
According to Mr. Mohammed Manga, the Ministry’s Director of Information and Public Relations, the meeting—held in Minister Edun’s Abuja office—was part of a JP Morgan fact-finding trip aimed at uncovering new economic strategies and investment prospects within Nigeria. The delegation, composed of international institutional investors with significant stakes in Nigeria’s Eurobonds and local securities, sought to gain firsthand insights into the nation’s evolving economic landscape.
During the discussions, Minister Edun underscored Nigeria’s recent economic achievements, including the successful completion of a Eurobond transaction that attracted robust global investor interest even without a traditional road-show. He also highlighted President Bola Tinubu’s proactive efforts to lure foreign investment through strategic international engagements and reiterated the government’s commitment to market-oriented reforms.
In addition, Minister Edun detailed key advancements in the energy sector, mentioning new agreements with the International Finance Corporation (IFC) designed to initially expand electricity access to 400,000 Nigerians. Addressing concerns about inflation, he noted that the Central Bank of Nigeria is enforcing orthodox monetary policies while the government intensifies initiatives to boost agricultural production and stabilize food prices.
The meeting reflects a shared commitment between the government and international investors to foster economic growth and unlock Nigeria’s investment potential.
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