Nigeria partners Bloomberg to drive foreign investments

Barbara Bako, Abuja.

The Federal Government of Nigeria, through the Ministry of Finance Incorporated (MOFI), is set to partner with financial giant Bloomberg in a two-year initiative aimed at showcasing its economic potential and attracting foreign investment.

The agreement was reached during a meeting with Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, CEO of MOFI, Dr. Armstrong Takang, and Bloomberg’s Global Director which was held in Abuja.

Edun acknowledged the need for strategic communication to effectively showcase the government’s economic achievements and create a positive investment climate.

Bloomberg’s Global Director while speaking, emphasized the company’s commitment to reshaping Nigeria’s narrative and showcasing its economic potential to the global audience.

Bloomberg he said, plans to leverage its vast media network to highlight Nigeria’s achievements and opportunities, addressing investor hesitations tied to outdated or negative perceptions.

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Dr. Takang noted that the partnership would spotlight key government projects such as the Real Estate Investment Fund and gas pipeline initiatives, further promoting Nigeria’s progress in critical sectors.

HM Edun acknowledged the need for strategic communication to effectively showcase the government’s economic achievements and create a positive investment climate.

With this partnership, Nigeria is poised to redefine its global narrative, unlock new investment opportunities, and solidify its position as a key player in the global economy.