Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has underscored the need for public-private sector collaboration in mobilising sustainable, long-term capital for national development. Edun stated this in Abuja when he received a delegation from Lotus Capital Limited, led by its Managing Director, Mrs. Hajara Adeola.
He commended Lotus Capital’s leadership for its effort in promoting non-interest finance in Nigeria, as the meeting explored ways of expanding Nigeria’s non-interest finance sector as a driver of inclusive economic growth.
A statement issued by Director, Federal Ministry of Finance, Mohammed Manga, said, “Discussions further centred on how initiatives such as a Non-Interest Real Estate Investment Fund, and a regular sovereign Sukuk issuance programme could attract ethical investment into critical infrastructure, boost market liquidity, and widen access to finance for under-served communities.”