Investors Eager for Nigeria’s Return to International Capital Market – Uzoka-Anite
International investors are showing renewed interest in Nigeria’s economy as the country’s economic reform agenda gains global recognition, the Honourable Minister of State for Finance, Dr. Doris Uzoka-Anite, has revealed.
Speaking on the sidelines of the ongoing World Bank and IMF Annual Meetings in Washington D.C., Dr. Uzoka-Anite said investors are eagerly awaiting Nigeria’s return to the international capital market, signaling growing confidence in the nation’s economic trajectory.
The Minister highlighted key economic indicators, including foreign exchange reserves exceeding $42 billion and a decline in inflation, noting that these improvements are creating clarity and certainty in the foreign exchange market, which in turn is boosting confidence among manufacturers, traders, and consumers.
“It’s like a miracle that we could implement multiple reforms, and within just two years, we are witnessing commendations from investors, and even the IMF and World Bank,” she said.
Dr. Uzoka-Anite attributed Nigeria’s economic progress to President Bola Ahmed Tinubu’s visionary leadership and the government’s unwavering commitment to reform. “We are glad for the President’s guidance in steering the country to undertake these reforms. They were necessary, and they are working,” she added.
The Minister explained that reforms have also contributed to a drop in prices of goods and services, including food and manufactured products, further strengthening economic confidence.
With investor interest surging, Dr. Uzoka-Anite expressed optimism that Nigeria is poised to attract significant investments, driving sustained growth, development, and the unlocking of the nation’s vast potential.
