Nigeria Advances Investment-Led Growth at IsDB Group Day in Lagos

March 31, 2026, Lagos, Nigeria

The Federal Government of Nigeria has reinforced its transition toward investment-led growth at the IsDB Group Day held in Lagos, marking a clear shift from economic stabilisation to a stronger focus on private capital, productivity, and job creation.

With over $2.2 billion already deployed across key sectors, Nigeria’s partnership with the Islamic Development Bank Group (IsDB) is being scaled up to unlock faster investment in energy, infrastructure, agriculture, and digital development—critical areas for enhancing competitiveness and driving long-term economic growth.

The Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, emphasised that the next phase of President Bola Tinubu’s reform agenda will be anchored on large-scale private sector investment. He noted that the strategy is aimed at attracting capital, creating jobs, and expanding economic opportunities across the country.

Also speaking at the event, the Director General of Country Programs at IsDB, Anasse Aissami, highlighted the Bank’s commitment to deepening its partnership with Nigeria. He stated that the focus will be on supporting a diversified and resilient economy, with emphasis on job creation, strengthening institutions, and improving livelihoods.

The development signals a broader strategic shift as Nigeria moves to mobilise capital at scale and translate international partnerships into tangible economic outcomes.