Finance Minister and Oando Group President Meet with Afreximbank President to Foster Collaboration and Secure Funding
A high-level meeting was held between Finance Minister, Wale Edun, Oando Group President, Wale Tinubu, and Afreximbank President, Prof. Benedict Oramah, during the World Bank-IMF Annual Meetings in Washington, D.C., with a focus on securing funding for Nigeria’s economic growth.
The meeting centered around President Bola Tinubu’s ambitious economic reforms, specifically designed to strengthen Nigeria’s energy and trade sectors, with a view to driving long-term growth and stability.
Edun emphasized the Nigerian government’s commitment to forging strong partnerships to boost economic development, expressing gratitude for Afreximbank’s impactful support in stabilizing the economy and driving fiscal reforms. He specifically highlighted the $3 billion crude oil repayment facility granted to the Nigerian National Petroleum Company Limited, which has played a significant role in jump-starting the economy.
Edun reaffirmed Nigeria’s willingness to collaborate with Afreximbank on key initiatives, such as energy, infrastructure, and trade development, to drive further progress.
In turn, Prof. Oramah reiterated Afreximbank’s commitment to supporting Nigeria’s economic growth and its ongoing efforts to help the country overcome economic challenges and promote recovery. He emphasized the bank’s dedication to long-term collaboration, aiming to bring about lasting positive change in the country.
Tinubu emphasized his commitment to fostering financial partnerships with Afreximbank and other stakeholders to revitalize the Nigerian economy, expressing optimism that, with sound policies and collaborative efforts, the country could transition from economic recovery to sustained growth, lifting millions out of poverty and solidifying its global standing.
