August 4, 2025
Business Economy

FG Strengthens Ties with Impact Investors to Accelerate Economic Transformation

Abuja, June 10, 2025 – The Federal Government has announced a strategic collaboration with global and local impact investors as part of a renewed push to drive inclusive growth and economic transformation across Nigeria.

This development was revealed during a high-level forum held in Abuja, where government officials, development partners, and investment experts converged to explore sustainable financing models that prioritize both social impact and economic returns.

Speaking at the event, the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, emphasized that Nigeria’s path to long-term prosperity depends not just on traditional investments but on mission-driven capital that aligns with the nation’s development priorities.

“We are deliberately aligning public policies with the goals of impact investors who see value beyond profits. This partnership will catalyze investments in critical sectors like agriculture, healthcare, education, renewable energy, housing, and digital infrastructure,” Edun stated.

The Minister noted that the collaboration would also support the Federal Government’s renewed hope agenda by creating jobs, empowering youth, reducing poverty, and unlocking private sector participation in underserved communities.

Impact investing, a growing global trend, involves channeling capital into enterprises and projects that generate measurable social and environmental benefits alongside financial returns. Nigeria’s vast development needs and entrepreneurial landscape present a strong case for such investment approaches.

Also present at the forum was the Special Adviser to the President on Economic Affairs, Dr. Tope Fasua, who described the partnership as a game changer for small and medium enterprises (SMEs), especially in regions that have historically lacked access to capital.

He revealed that a new framework is being developed to provide risk mitigation incentives, ease of entry, and data transparency for impact-driven investors, while ensuring accountability and alignment with Nigeria’s medium-term development goals.

Stakeholders from the private sector, including global firms and Nigerian start-ups, welcomed the government’s commitment to opening the economy to socially responsible capital, stating that it could help bridge Nigeria’s infrastructure and development financing gaps, estimated in trillions of naira.

As Nigeria continues to grapple with inflation, youth unemployment, and an urgent need for inclusive growth, the strengthened partnership with impact investors signals a pragmatic shift toward building an economy that is not only resilient but also equitable and future-focused.