The Nigerian government has revealed that it has secured a development financing partnership with the French government valued at €300 million.
Nigeria’s Ministry of Finance shared this information via a statement on its official account on X on Friday.
According to the statement, the Minister of Finance, Wale Edun, led the Nigerian government to the partnership with the French government.
The ministry emphasised that this collaboration will enhance crucial sectors of Nigeria’s economy and promote sustainable development, including areas such as healthcare, transportation, agricultural value chains, and renewable energy.
“The Letter of Intent [was] co-signed by Mr. Edun and France’s Minister of Economy, Finance, and Industry, Mr. Antoine Armand.”
In Edun’s remarks, he said: “This partnership goes beyond financial support. It is about building robust, sustainable systems that foster development and empower Nigerians. It reflects the confidence of international partners in the progress of Nigeria’s economic reforms.”
