The Federal Government has expressed willingness to deepen its economic ties with the Organisation for Economic Co-operation and Development (OECD) with a view to driving reforms, attract investment, and create opportunities for the nation’s teeming youth.
Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, disclosed this on Tuesday in his office in Abuja, when a delegation from OECD led by Carlos Conde, Head of the Middle East and Africa Division, paid him a courtesy visit to strengthen economic cooperation and explore strategic partnerships.
The Director, Information and Public Relations of the Ministry, Mr. Mohammed Manga said, discussions during the meeting focused on Nigeria’s economic priorities, including capital market development, regional integration, curbing illicit financial flows, sustainable finance, and investment in human capital.
According to the statement, the OECD highlighted its growing engagement in Africa through collaboration with the African Union, regional blocs, and direct country-level support, identifying Nigeria as a key partner in West Africa.
It also outlined its range of engagements, which include technical support in areas such as digitalisation, governance, and statistics.
The statement said, the Minister welcomed the collaboration and re-emphasised the need for harmonised data systems to support reforms, attract investment, and create opportunities for the country’s youth.
Through this partnership, Nigeria aims to improve its business environment, increase access to finance for small and medium-sized enterprises, and enhance its competitiveness in the global economy.
