By Oluwakemi Kindness
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has assured investors that the Federal Government will not reverse ongoing economic reforms.
Speaking in Lagos at the launch of the Nigerian Economic Summit Group Private Sector Outlook 2026, Oyedele stressed that policy consistency is now a top priority, “We are not looking back, businesses need to know that today’s decisions will still hold tomorrow.” he said.Nigeria’s
Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has assured investors that the Federal Government will not reverse ongoing economic reforms.
Speaking in Lagos at the launch of the Nigerian Economic Summit Group Private Sector Outlook 2026, Oyedele stressed that policy consistency is now a top priority, “We are not looking back, businesses need to know that today’s decisions will still hold tomorrow.” he said.
According to a statement on Thursday by the Head of Information in the ministry, Efe Ovuakporie, Oyedele, says Nigeria has moved into a new phase of economic management focused on measurable growth and real outcomes.
He warned that frequent policy changes could weaken investor confidence and slow economic recovery.
“Mixed signals or abrupt reversals can stall progress,” Oyedele cautioned.
The minister, who recently took over from Wale Edun, said early signs of stabilisation are already visible, including improved exchange rate alignment and stronger revenue performance.
However, he noted that these gains must translate into real impact for Nigerians.
“Reforms must deliver jobs, higher productivity, and better living standards,” he said.
Oyedele outlined key priorities for the next phase, including policy consistency, reduced cost of doing business, improved access to capital, and a more predictable fiscal environment.
He also revealed plans to expand credit across sectors with support from institutions like the Bank of Industry.
“Reforms on their own do not create growth. We need investment at scale,” he added.
The minister emphasized the need to shift from consumption-driven growth to productivity, especially in agriculture, manufacturing, energy, and the digital economy.
While acknowledging risks such as inflation, global uncertainties, and political tensions ahead of elections, Oyedele maintained that the reform agenda remains on track.
“Our task now is execution,” he said.
“This phase demands focus, consistency, and accountability.”
