The Federal Government has begun a review of Nigeria’s trade and investment strategies along with infrastructure planning with a view to improving the nation’s economic competitiveness.
The review was done during the weekend at an Economic Management Team (EMT) session which was chaired by the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, in Abuja.
The move underscored the government’s commitment to positioning the country as a competitive, investor-friendly economy through coordinated policy reforms and diplomatic engagement.
A central feature of the meeting was a detailed presentation by the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, who outlined the Ministry’s current priorities.
Of particular focus was the nation’s ongoing engagement with the United States following the recent proposal by the U.S. Trade Representative to impose a 14% tariff on Nigerian exports.
The EMT reviewed the legal and commercial context surrounding this development, as well as Diplomatic outreach to Washington and multilateral discussions held during the U.S.-Africa CEO Forum in Abidjan.
News edited by Favour Owonibi