By Joel Ajayi
The Federal Government’s commitment to economic reform and inclusive development took center stage on Monday as the Federal Ministry of Finance hosted its Citizens and Stakeholders’ Engagement on the Implementation of Presidential Priorities and Ministerial Deliverables for Q2 2025 in Abuja.
The quarterly engagement aims to foster transparency, accountability, and inclusive growth by providing a platform for dialogue between the Ministry and key stakeholders on its progress and challenges.
Delivering the keynote address, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, provided a comprehensive update on the implementation of presidential priorities and ministerial deliverables. He outlined notable progress across major reform pillars, including the stabilization of foreign exchange markets, expansion of fiscal revenues, stimulation of industrial investment, and improvement of social outcomes for Nigerians.
> “We are now in the third phase of our reform agenda, focused on accelerating investment-led growth that delivers jobs, reduces inflation, and lifts millions out of poverty,” Edun said.
“Our trajectory is clear: from macroeconomic correction to national transformation.”
He highlighted a significant rise in Nigeria’s external reserves—from under $4 billion to over $23 billion—and noted renewed investor confidence, as reflected in credit rating upgrades and new investments in the energy sector.
In her remarks, the Honourable Minister of State for Finance, Dr. Doris Uzoka-Anite, emphasized the role of inclusive engagement in achieving reform goals:
> “This platform enables citizens and the private sector to hold us accountable while shaping a more responsive and transparent economy,” she stated.
She reaffirmed the Ministry’s commitment to effective policy implementation and consistent engagement to drive sustainable and equitable economic development.
Also speaking, Mr. Raymond Omenka Omachi, Permanent Secretary (Special Duties), Federal Ministry of Finance, stressed the importance of institutional collaboration and execution discipline:
> “We are working across ministries and agencies to ensure that reforms are not just announced, but effectively implemented with measurable impact,” he noted.
The session drew participants from industry, civil society, and development partners. As the second quarter 2025 Stakeholders’ Engagement concluded, it marked a critical step in the government’s efforts to deepen reforms, promote investment-led growth, and deliver tangible benefits to Nigerians through a transparent and inclusive approach.
