The Federal Ministry of Finance has outlined plans to accelerate investment-led economic growth, as part of efforts to implement presidential priorities and ministerial targets for the second quarter of 2025.

The roadmap was presented during the Ministry’s Citizens and Stakeholders Engagement Session held in Abuja, aimed at strengthening transparency, accountability, and public participation in economic reforms.

Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, said the government had entered the third phase of its reform programme, with a focus on stimulating investment that would lead to job creation, lower inflation, and poverty reduction.

“We are now in the third phase of our reform agenda, focused on accelerating investment-led growth that delivers jobs, reduces inflation, and lifts millions out of poverty,” Edun stated. “Our trajectory is clear: from macro-economic correction to national transformation.”

Edun cited a rise in Nigeria’s external reserves from less than \$4 billion to over \$23 billion as evidence of improved fiscal stability. He also pointed to renewed investor confidence reflected in recent credit rating upgrades and investment commitments in the energy sector.

Minister of State for Finance, Dr. Doris Uzoka-Anite, emphasised the importance of public engagement in the reform process. “This platform enables citizens and the private sector to hold us accountable while shaping a more responsive and transparent economy,” she said. She added that the Ministry would continue to prioritise inclusive and sustainable economic growth.

Permanent Secretary for Special Duties in the Ministry, Mr. Raymond Omenka Omachi, said collaboration across government institutions was essential to the success of the reform agenda. “We are working across ministries and agencies to ensure that reforms are not just announced, but effectively implemented with measurable impact,” he said.

Participants at the event included representatives from civil society, the private sector, and international development partners.

The quarterly engagement is part of the Ministry’s effort to report on its progress and challenges while reinforcing accountability mechanisms in the implementation of government economic policies.