Finance and Coordinating Minister of the Economy, Wale Edun, recently met with a high-level JP Morgan delegation to discuss investment opportunities in Nigeria.
According to a statement from the Ministry’s Director of Information and Public Relations, Mohammed Manga, the delegation was led by Dapo Olagunju, Head of JP Morgan West Africa.
The meeting, held in Abuja, was part of JP Morgan’s fact-finding mission to assess Nigeria’s economic landscape and explore potential investments. The delegation included major investors with significant stakes in Nigeria’s Eurobonds and local securities.
During the discussions, Edun highlighted Nigeria’s economic progress, citing a successful Eurobond transaction completed without a roadshow due to strong global investor confidence. He also reaffirmed President Bola Tinubu’s commitment to attracting foreign investment through strategic international engagements and market-driven reforms.
The Minister outlined key developments in the energy sector, including agreements with the International Finance Corporation (IFC) to expand electricity access to 400,000 Nigerians initially.
Addressing inflation concerns, Edun assured investors that the Central Bank of Nigeria is implementing orthodox monetary policies, while the government focuses on boosting agricultural production and stabilizing food prices.
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