Finance Minister Wale Edun unveils Nigeria’s reform roadmap at global economic summit in Spain.
He pushes for tax equity, transparency, and stronger global partnerships to fuel national growth.
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has outlined the country’s bold fiscal reform agenda at the 4th International Conference on Financing for Development (FFD4), currently taking place in Sevilla, Spain.
Speaking during a high-level roundtable session focused on boosting domestic public resource mobilization, Edun emphasized the need for a fundamental shift in global financial systems to better support the development goals of countries in the Global South.
He said Nigeria is already making significant progress on that front through sweeping reforms aimed at improving tax administration, enforcing stricter fiscal discipline, and creating a more investment-friendly environment for the private sector.
“In today’s evolving global landscape, self-reliance is essential,” Edun stated. “We are prioritizing digital infrastructure, transparency, and institutional reform to deliver more for Nigerians with every naira spent.”
The Federal Ministry of Finance also echoed the Minister’s message via its official X (Twitter) handle on Tuesday. The statement read: “Nigeria’s fiscal reset is firmly underway. Edun at #FFD4 underscored our commitment to transparency, domestic resource mobilization, and equitable global finance. A new era of self-reliance and strategic partnerships for prosperity.”
During his remarks, the Minister also stressed the importance of stronger international collaboration, particularly in promoting tax equity and tackling illicit financial flows issues he described as persistent disadvantages for African economies.
Edun’s presence and contributions at the FFD4 conference reflect Nigeria’s proactive role in shaping global economic policies. His message aligns with the broader vision of a self-reliant, transparent, and investor-friendly Nigeria, as the country pushes forward with reforms designed to foster sustainable economic growth and development.
The Sevilla gathering brings together global finance leaders, policymakers, and development partners to explore innovative strategies for mobilizing financial resources and achieving inclusive, long-term progress in line with the UN’s Sustainable Development Goals.
