The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has stressed that deeper collaboration between the public and private sectors is essential to mobilise sustainable, long-term capital for Nigeria’s growth.
Edun made this known in Abuja on Tuesday while hosting a high-level delegation from Lotus Capital Limited, led by its Managing Director, Hajara Adeola.
He praised the company’s contribution to advancing non-interest finance in Nigeria, describing it as an effective tool for promoting inclusive growth and widening access to ethical investment opportunities.
According to a statement from the Ministry of Finance, the meeting created a platform to discuss strategies for expanding the country’s non-interest finance sector, with the goal of positioning it as a driver of inclusive economic development.
The talks explored initiatives such as creating a Non-Interest Real Estate Investment Fund and establishing a regular sovereign sukuk issuance programme.
These measures, the ministry noted, could channel ethical investment into critical infrastructure, boost market liquidity, and extend financial access to communities underserved by conventional banking systems.
The statement added that these discussions align with the ministry’s commitment to pursuing innovative financing solutions to strengthen Nigeria’s economic base, emphasising that public-private partnerships will be key to unlocking new sources of capital for national development.
