FG outline commitments to accelerate reform implementation and sustain growth

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The Federal Government (FG) has spoken about its plans and commitments to accelerate reform implementation and sustain measurable progress, coming in the face despair among Nigerians who are struggling daily to live by the ongoing reforms

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun clearly outlined these commitments by FG while speaking at the just concluded 31st Nigerian Economic Summit organized by the Nigerian Economic Summit Group themed; “The Reform Imperative: Building a Prosperous and Inclusive Nigeria by 2030.”

The following are government commitments according to Wale Edun:

A Consolidated Reform Matrix (20252027) will guide execution across sectors and align national priorities.

Quarterly national and subnational scorecards will be published to promote transparency and track outcomes.

A Jobs and Productivity Accelerator will be developed to connect skills to employment and strengthen enterprise growth.

An Investment and Industrial Policy Roadmap will expand manufacturing capacity, boost exports, and attract sustainable capital.

Intensify fiscal and tax reforms to improve revenue efficiency, transparency, and the business environment.

Public asset management will be professionalized to enhance efficiency and credibility.

Human capital development will remain central to national productivity through stronger investments in health, education, and livelihoods.

Discussions over the 3 days of the event culminate into an agreement by both government and private stakeholders that the next phase of national economic transformation requires discipline, accountability, and partnership to deliver tangible result.

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Speaking on behalf of the private sector at the day 3 of the event, Alhaji Mohammed Hayatu-Deen emphasized that at this critical inflexion point, Nigeria stands on the threshold of transformative growth calling for collective action to realize the nation’s objective of a $1 trillion economy, anchored on stability, productivity, and inclusivity.

According Hayatu-Deen, the following are a must if we must achieve this:

Sustain a sound and stable macroeconomic environment through aligned short, medium, and long-term plans.

Foster collaboration across federal, state, and local governments, grounded in accountable and transparent leadership.

Curb the high cost of governance, close revenue leakages, and drive measurable productivity across growth-enabling sectors.

Strengthen institutions, security, and the judiciary to inspire investor confidence and ensure the sanctity of contracts.

Anchor all reforms on human capital and technology, while aligning foreign policy with national economic interests to accelerate trade and investment.

The private sector challenged all stakeholders, FG, civil society, development partners, and especially the youth, to be at the core of national transformation.