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Olugbemi. Adeyinka Ogunleye
1 day ago
Overview
Fed Govt, Bloomberg Partner to Boost Investments
In a move aimed at attracting more foreign investments and showcase Nigeria’s economic potential, the Federal Government has entered into a two-year partnership with a foreign media company – Bloomberg. Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun and Bloomberg’s Global Director, Nicole Keefe, announced the partnership during a meeting at the minister’s Abuja office yesterday. Keefe expressed Bloomberg’s commitment to reshaping Nigeria’s global narrative by leveraging its expansive media network. “We aim to showcase Nigeria’s achievements and opportunities, addressing outdated or negative perceptions that might deter investors,” she said.
According to Dr. Armstrong Takang, Chief Executive Officer (CEO) of the Ministry of Finance Incorporated (MOFI), the efforts will enhance Nigeria’s visibility and credibility in critical sectors. Stressing the importance of strategic communication in promoting Nigeria’s economic progress, Edun noted that showcasing government initiatives effectively would foster a positive investment climate and attract global businesses. The initiative has been described as a step in positioning Nigeria as a top destination for foreign investment by addressing investor concerns and emphasizing the country’s economic resilience and growth potential.
Credit: The Nation