The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has emphasized the need for stronger public-private collaboration to attract sustainable, long-term capital for Nigeria’s development.
Speaking in Abuja during a meeting with a delegation from Lotus Capital Limited, led by Managing Director Mrs. Hajara Adeola, Edun praised the company’s efforts in promoting non-interest finance, calling it a key driver for inclusive growth and ethical investment.
The Ministry of Finance, in a statement, said the meeting served as a platform to explore ways of expanding Nigeria’s non-interest finance sector to support inclusive economic growth.
Key discussions focused on the potential launch of a Non-Interest Real Estate Investment Fund and the development of a regular sovereign sukuk issuance programme.
These initiatives, the ministry noted, could direct ethical investments into vital infrastructure, improve market liquidity, and expand financial access for underserved communities.
It added that the talks reflect its commitment to adopting innovative financing approaches to strengthen Nigeria’s economic base, with public and private partnerships playing a crucial role in unlocking new capital for national development.
