Nigeria’s ongoing economic reforms and stabilising macroeconomic environment are attracting growing international attention, with investors and development partners commending the country’s progress, according to the Minister of State for Finance, Dr. Doris Uzoka-Anite.
Speaking at an investors’ forum on the sidelines of the IMF and World Bank Annual Meetings, Uzoka-Anite described Nigeria’s participation as “exciting and impactful,” noting that it provided a platform to showcase the country’s rapidly unfolding success story.
“Now that our macroeconomic environment is stabilising and growth is positive, investors can bring in funds freely and repatriate profits without forex restrictions. Confidence is surging,” she said. “Investors are enquiring about Nigeria’s return to the Eurobond market. When investors buy your Eurobonds, it’s a stamp of confidence in your economy.”
Uzoka-Anite credited President Bola Ahmed Tinubu’s visionary leadership for driving the rapid reforms, which she said have already produced measurable results. “Even the IMF and World Bank have commended us. We’ve implemented bold reforms within two years and are already seeing growth,” she stated. According to her, the impact of the reforms is now evident as economic growth has begun to outpace population expansion. She added that inflation has fallen below 20 percent for the first time in over five years, while foreign exchange volatility continues to ease.
“The naira appreciates, manufacturers are pricing goods more reasonably, and non-oil exports are rising. Foreign exchange reserves have surged above $42 billion, solid funds, not borrowed money,” she said. Uzoka-Anite explained that the reforms extend beyond statistical gains, translating directly into improved living conditions and better opportunities for Nigerians. “These reforms are not just numbers on a page. They translate to more jobs, better social investments, lower business costs, and cheaper access to capital for Nigerians,” she said, adding that the Central Bank’s decision to lower interest rates further strengthens the country’s positive economic trajectory.
