By Oxford Reporters
The Federal Government has reaffirmed its commitment to strengthening investor confidence, deepening Nigeria’s capital markets and attracting long-term investments as part of efforts to accelerate economic growth and expand opportunities for businesses and citizens.
The Honourable Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, stated this while speaking at the S&P Global Africa Summit 2026 in Lagos, where he highlighted the progress recorded under the government’s ongoing economic reform programme.
Oyedele disclosed that Nigeria’s economy grew by 4.43 per cent in the second quarter of 2026, while the country’s foreign reserves surpassed $55 billion and private capital inflows approached $6 billion.
He said the positive economic indicators reflected growing confidence in the Nigerian economy and the impact of reforms aimed at improving macroeconomic stability, attracting investments and creating a more favourable business environment.
The Minister also highlighted the Federal Government’s plans to broaden access to regulated investment opportunities through initiatives such as the National Savings Scheme and the Capital Market Master Plan 2.0.
According to him, the Capital Market Master Plan 2.0 is designed to increase the number of retail investors in Nigeria from the current six million to 20 million over the next decade, thereby encouraging greater participation in the country’s investment ecosystem.
He emphasised that the ultimate objective of developing Nigeria’s capital markets should go beyond rising market valuations to ensuring that investments translate into tangible economic benefits.
Oyedele noted that a strong and functional capital market must provide financing for businesses, support reliable electricity supply, accelerate infrastructure development and create productive employment opportunities.
He further reiterated the Federal Government’s commitment to maintaining policy consistency, strengthening fiscal transparency and pursuing sustainable economic growth to ensure that Nigeria remains an attractive destination for domestic and international investors.
The Federal Ministry of Finance, in a statement following the engagement, said it remained focused on translating the gains of economic reforms and improved macroeconomic stability into productive investments that would enhance livelihoods and promote shared prosperity across the country.
