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Nigeria opens economy to long-term capital with policy predictability, rule of law — Oyedele

Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms

Nigeria is positioning itself as an attractive destination for long-term domestic and foreign capital by strengthening policy predictability, institutional integrity and the rule of law, Taiwo Oyedele, minister of Finance and coordinating minister of the Economy, has said.

Oyedele said the government was committed to creating an investment environment that would attract capital into businesses and productive sectors as Nigeria seeks to convert macroeconomic stability into investment, productivity, jobs and higher incomes.

Speaking at the 14th BusinessDay Annual CEO Forum in Lagos, he said global capital was not driven by emotional appeals or patriotic rhetoric but by stable policies, strong institutions and effective execution.

“Every single morning, trillions of US dollars flow through international financial markets. That capital has no passport. It has no trial and no political affiliation. It does not respond to emotional appeals or

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