The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, recently received a high-level delegation from JP Morgan, led by Dapo Olagunju, Head of West Africa. The meeting, held in Edun’s office in Abuja, was part of a fact-finding trip organized by JP Morgan to explore investment opportunities and economic strategies in Nigeria
The delegation included major investors with significant holdings in Nigeria’s Eurobonds and local securities. This exploratory visit was organized for a diverse group of international institutional investors seeking insights into Nigeria’s economic landscape
During the discussions, Edun highlighted Nigeria’s recent economic milestones, including a successful Eurobond transaction completed without a roadshow, which he attributed to strong global investor engagement
He emphasized President Bola Tinubu’s ongoing efforts to attract foreign investment through strategic international engagements and reaffirmed the administration’s commitment to market-driven reforms
Edun also pointed to key developments in the energy sector, including new agreements with the International Finance Corporation (IFC) aimed at expanding electricity access to 400,000 Nigerians in the first instance
On inflation, the minister assured investors that the Central Bank of Nigeria was implementing orthodox monetary policies while the government works to boost agricultural production and stabilize food prices
The meeting between Edun and the JP Morgan delegation marks a significant step forward in Nigeria’s efforts to attract foreign investment and stimulate economic growth
