Nigeria’s Economic Reforms Gain Momentum As Edun, Interswitch Discuss Digital Infrastructure

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FROM LEFT TO RIGHT 1. Sir. Ken Olisa- Chairman Interswitch 2. Wale Edun- Honourable Minister of Finance and Coordinating Minister of the Economy. 3. Micheal Elegbe -GMD/Founder Interswitch
FROM LEFT TO RIGHT 1. Sir. Ken Olisa- Chairman Interswitch 2. Wale Edun- Honourable Minister of Finance and Coordinating Minister of the Economy. 3. Micheal Elegbe -GMD/Founder Interswitch

In a significant step towards advancing Nigeria’s economic transformation, the Honourable Minister of Finance and Coordinating Minister of the Economy Mr Wale Edun has met with the Chairman of Interswitch Group, Mr Ken Olisa to discuss the country’s reform agenda and private sector collaboration

At the meeting, which was held in his office in Abuja today, HM Edun outlined ongoing macroeconomic reforms—exchange rate unification, subsidy removal, and targeted social investments—now yielding early gains in inflation control and investor confidence.

He also highlighted Nigeria’s successful domestic dollar bond issuance and the strong global support received during the IMF/World Bank Spring Meetings.

Interswitch expressed readiness to support digital infrastructure and fintech inclusion as part of the country’s economic transformation goals.

This meeting underscores the critical role of digital infrastructure and fintech inclusion in driving Nigeria’s economic growth, highlighting the government’s commitment to harnessing private sector expertise and resources to achieve sustainable development as well as economic prosperity.

Signed

Mohammed Manga FCAI
Director, Information and Public Relations
May 2, 2025