Reported by: Agande Richard Aondofa | Edited by: Henry Owen
Nigeria has taken a major step in boosting its economic cooperation with international development partners following a high-level meeting between the Federal Ministry of Finance and representatives of the Japan International Cooperation Agency (JICA) and the Multilateral Investment Guarantee Agency (MIGA). The discussions took place on the sidelines of the ongoing World Bank Group and IMF Annual Meetings in Washington D.C., United States, with the Honourable Minister of State for Finance, Dr. Doris Uzoka-Anite, leading the Nigerian delegation.
The talks focused on identifying opportunities to attract increased Foreign Direct Investments (FDI) into Nigeria and strengthening ongoing development projects. The Nigerian government reaffirmed its commitment to leveraging international partnerships as a strategy for driving sustainable economic growth, while both JICA and MIGA expressed continued support for Nigeria’s development agenda.
Officials highlighted that the engagement demonstrates strong international confidence in Nigeria’s economic prospects and presents a pathway for deepened collaboration with key development agencies. Observers note that such partnerships are expected to play a pivotal role in supporting Nigeria’s economic diversification efforts and unlocking new opportunities across multiple sectors.
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