The Federal Government has informed the World Bank of its desire to reduce Nigeria’s dependence on external debt financing
This is part of a broader strategy to explore alternative funding sources beyond traditional multilateral loans.
Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, made this disclosure during a meeting with the World Bank Executive Director, Dr. Zainab Shamsuna Ahmed.
He reiterated the government’s focus on fostering a business-friendly environment that attracts sustainable investments and drives private sector-led growth.