On the sidelines of the IMF Annual Meetings in Washington D.C., Nigeria’s Honourable Minister of Finance, Mr. Wale Edun, met with the President of the African Export-Import Bank (Afreximbank), Dr. Benedict Oramah, to discuss deepening financial collaboration aimed at supporting Nigeria’s economic reforms. Mr. Wale Tinubu, Group President of Oando PLC, was also present at the high-level meeting.

The discussions primarily focused on aligning Afreximbank’s resources with President Tinubu’s economic agenda, particularly in bolstering the country’s energy and trade sectors. With Nigeria’s ambitious reform plans centered on driving economic growth and sustainability, the collaboration seeks to strengthen financial pathways for key sectors essential to Nigeria’s development.

“We are working to ensure Nigeria’s economic reforms are fully supported by strong financial partnerships, and Afreximbank’s role in this process is crucial,” said Minister Edun.

Afreximbank’s President, Dr. Oramah, echoed these sentiments, expressing the bank’s readiness to support Nigeria’s initiatives, particularly in expanding energy infrastructure and enhancing trade links across the continent. The presence of Mr. Wale Tinubu of Oando further emphasized the importance of the energy sector, as discussions included strategies for increasing investment in Nigeria’s oil and gas industry.

This key meeting underscored Nigeria’s commitment to leveraging international partnerships to drive economic reform and strengthen its position in global energy and trade markets.