Edun, NACCIMA Seek Stronger Public-Private Synergy For Economic Transformation

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has reaffirmed the commitment of the President Bola Ahmed Tinubu-led administration to positioning the private sector as a key driver of Nigeria’s economic growth and transformation.

Edun gave the assurance on Friday during a courtesy visit to his office in Abuja by a delegation from the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), led by its Director General, Sola Obadimu.

Director of Information Mohammed Manga said in a statement that the discussions at the meeting centred on strategic collaboration to support the administration’s economic reform agenda, particularly efforts to address longstanding structural imbalances and build a more resilient and inclusive economy.

The minister cited recent progress in stabilising the Naira, attracting domestic and diaspora capital, and reducing import dependence through increased local production.

In his remarks, Obadimu commended the government’s key reforms, including removing fuel subsidies and unifying the exchange rate.

However, he called for improved clarity on tax policies, enhanced access to trade finance for MSMEs, and better alignment between policy formulation and implementation timelines.

Both parties agreed that Nigeria’s long-term economic transformation will depend heavily on robust public-private collaboration. They also discussed NACCIMA’s upcoming 65th Annual Conference and Investment Summit, themed “Harnessing Private Sector Potential to Achieve a One Trillion Dollar Economy by 2030.”