Minister Says Investor Confidence Growing as Nigeria’s Economy Strengthens
The Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, says investor confidence in Nigeria’s economy is rising due to recent government reforms. He revealed that investors from Brazil, Belarus, and Saudi Arabia are increasing their investments, especially in agriculture, while Nigeria has resumed local oil refining after 25 years.
Bagudu also highlighted that the 2024 budget showed fiscal discipline with increased spending on health, education, and infrastructure, leading to deficit reduction and stronger market confidence.
