Nigeria is advancing a bold dual-track approach to economic transformation, combining sweeping domestic reforms with assertive global advocacy for a fairer international financial system.
At home, the government is deepening its partnership with the private sector as it accelerates economic reforms aimed at stabilizing the macroeconomic environment.
In Abuja, the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, met with Interswitch Chairman, Mr. Ken Olisa, to discuss strategies for expanding Nigeria’s digital infrastructure.
The director of Information and public relations, Muhammed Manga in a statement explained that the meeting underscored the government’s commitment to market-friendly reforms such as exchange rate unification, the removal of fuel subsidies, and targeted social investments.
Quoting the minister, the statement said,
“These policies are already yielding results,” citing improved investor confidence, a successful domestic dollar bond issuance, and Nigeria’s positive engagement at the recent IMF/World Bank Spring Meetings.
While Nigeria recalibrates its domestic economy, it is also making a strong case for change in the global financial system.
In New York, the Minister of State for Finance, Dr. Doris Nkiruka Uzoka-Anite, addressed world leaders at a Special High-Level Meeting of the United Nations with the Bretton Woods Institutions, the World Trade Organization, and UNCTAD. She called for the reallocation of Special Drawing Rights (SDRs), the establishment of UN-led debt restructuring frameworks, and a more inclusive global financial system that supports growth rather than imposes austerity.
“Developing countries that are embracing hard reforms need tailored support—not one-size-fits-all solutions,” Uzoka-Anite told the gathering. “Without bold structural change, global inequality will only deepen.”
The coordinated strategy signals Nigeria’s intent to position itself as both a resilient emerging economy and a champion for global financial equity. As reforms continue to take root at home, officials say Nigeria will continue to amplify its voice on the international stage, pushing for a system that gives developing nations a fairer shot at sustainable growth.