The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has described the listing of the MOFI Real Estate Investment Fund (MREIF) on the Nigerian Exchange (NGX) as a landmark achievement in deepening Nigeria’s capital markets and advancing President Bola Ahmed Tinubu’s economic reform agenda.
Speaking on the development, Mr. Edun said the ₦100-per-unit fund opens a new avenue for everyday Nigerians to save, invest, and participate in national economic growth, while also supporting the government’s commitment to affordable housing and inclusive investment opportunities.
He noted that the nearly 50% year-to-date rise in the NGX reflects growing investor confidence, driven by fiscal and monetary reforms that continue to stabilise revenues, reserves, and the exchange rate.
Reaffirming the Federal Government’s commitment to balanced tax reform and innovation-led financial inclusion, Mr. Edun called for stronger collaboration between the finance and technology sectors to make investing simpler and more accessible for all Nigerians.
“A vibrant and inclusive capital market that empowers citizens to invest in their nation’s future is the surest foundation for sustainable growth,” Edun said.
The listing of the MOFI Real Estate Investment Fund marks a significant step toward achieving the Tinubu administration’s goal of broad-based prosperity, providing Nigerians with a credible platform to build wealth while contributing to national development.