As global leaders gather for the G20 Summit, stakeholders have identified regulatory reform and infrastructure as the twin engines for Africa’s industrial progress.
During the strategic investment dialogue, MTN Group highlighted the necessity of creating environments where businesses can thrive, a stance that aligns with the Federal Government’s comprehensive reform strategy.
Sanyade Okoli, Special Adviser to the President on Finance and the Economy, outlined the government’s ambitious roadmap. She noted that achieving national targets requires a coordinated focus on four key pillars: “strengthening macroeconomic fundamentals, advancing sound governance and regulatory reforms, expanding critical infrastructure, and improving access to capital.”
Chief Executive of MTN Group, Ralph Mupita speaking at the event
This regulatory focus was echoed by MTN Group President and CEO, Ralph Mupita, who noted that the path to progress relies heavily on foundational structures. “Infrastructure, both digital and physical, will continue to be the engine of this progress,” Mupita said.
Okoli further highlighted the administration’s specific economic targets, revealing Nigeria’s ambition to “grow its GDP by 7% by 2027 and to expand employment opportunities across the country.”
Minister of Finance and Co-ordinating Minister of The Economy, Nigeria, Hon. Adebayo Olawale Edun speaking at the event.
Executive Secretary, Nigerian Investment Promotion Commission, Aisha Rimi speaking at the event.