The federal government has met with representatives of the Japan International Cooperation Agency (JICA) and the Multilateral Investment Guarantee Agency (MIGA) to explore foreign direct investment (FDI) opportunities in Nigeria.
Mohammed Manga, the director of information and public relations in the federal ministry of finance, announced in a statement on Tuesday.
MIGA is a member of the World Bank Group.
Manga said Doris Uzoka-Anite, the minister of state for finance, led a Nigerian delegation to the high-level bilateral meeting with JICA and MIGA on Monday on the sidelines of the annual meetings of the World Bank and the International Monetary Fund (IMF) in Washington, D.C, United States.
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“During the meeting, the parties engaged in discussions focused on exploring opportunities to further support Nigeria in attracting Foreign Direct Investments (FDI) and strengthening the current pipeline projects,” he said.
“The Nigerian Government reiterated its commitment to leveraging international partnerships to drive economic growth and development, while JICA and MIGA expressed their continued support for Nigeria’s development agenda.”
Manga added that the meeting highlights a strong international commitment to Nigeria’s economic prospects and potential for enhanced partnership with international development agencies.
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On Monday, Nigeria joined other Commonwealth nations to explore strategies aimed at strengthening economic resilience and driving sustainable development among member countries.
