Business
Nigeria Advocates For Global Financial Reforms At 2025 UN Meetings
In a significant step towards shaping a more equitable global financial architecture, the Federal Government of Nigeria has advocated for global financial reform during the 2025 United Nations Meetings
The Honourable Minister of State for Finance, Dr. Doris Nkiruka Uzoka-Anite, while representing the country at the Special High-Level Meeting with Bretton Woods Institutions, WTO, and UNCTAD, held at the United Nations Headquarters in New York, reaffirmed Nigeria’s call for urgent reform of global finance.
She highlighted the need for reallocation of Special Drawing Rights (SDRs) to vulnerable economies;
UN-led mechanisms for sovereign debt restructuring as well as an inclusive global financial system that centres development over austerity
The Minister who expressed optimism that a fairer international financial architecture is crucial for achieving sustainable development and reducing inequality, observed that developing economies undertaking ambitious reforms require tailored support and concessional financing to ensure their efforts yield meaningful results for their citizens.
By advocating for these critical reforms, Nigeria underscores its commitment to bridging the global financing gap and promoting a more inclusive and equitable financial system that supports development and prosperity for all nations.
Business
DR Doris Uzoka -Anite Advocates For Tax Ttrsnparency Goals, Climate Finance Partnerships With Norway At 2025 UN Meetings
As part of Nigeria’s proactive engagement with global development partners, the Honourable Minister of State for Finance, Dr. Doris Uzoka-Anite held a strategic bilateral meeting with Ms. Stine Renate Håheim, Norwegian Deputy Minister of International Development, on the sidelines of the 2025 UN Meetings in New York.
During the meeting, Dr. Uzoka-Anite advocated for strengthened collaboration between Nigeria and Norway in key areas, including tax transparency goals, debt restructuring efforts, and climate finance partnerships. Specifically, she explored opportunities for partnership under NORAD’s “Energy for Development” platform, which aligns with Nigeria’s goals for sustainable energy development and climate resilience.
The meeting underscores Nigeria’s commitment to leveraging international partnerships to drive economic growth, improve governance, and achieve sustainable development.
Business
Nigeria Strenghtens Development Partnership With Sweden On The Sidelines Of 2025 UN Meetings
The Honourable Minister of State for Finance, Dr. Doris Uzoka-Anite has held strategic bilateral talks with Ms. Diane Janse, Swedish State Secretary for International Development Cooperation, on the sidelines of the 2025 UN Meetings held in New York, USA.
The meeting focused on strengthening Nigeria’s partnerships with Sweden in key areas, including technology innovation, digital ecosystems, and green economy partnerships, exploring opportunities for collaboration that would drive sustainable development and economic growth in Nigeria, underscoring Nigeria’s commitment to leveraging international partnerships to achieve its development goals.
The Federal Government looks forward to working closely with Sweden and other development allies to implement impactful projects that will transform the lives of millions of Nigerians in line with the Renewed Hope Agenda of the present administration.
The bilateral engagement is part of Dr. Uzoka-Anite’s engagements at the 2025 UN Meetings in New York, showcasing Nigeria’s proactive approach to global development partnerships.
In pursuit of its development agenda, the Federal Government has urged the World Bank Group to prioritize targeted investments in critical sectors that drive sustainable development aimed at elevating Nigeria’s Development Agenda.
The Honourable Minister of State for Finance, Dr. Doris Uzoka-Anite, made the urge in New York when she participated in the thematic session on the World Bank Group’s Contribution to Financing for Development (FFD), where she underscored the need to match the Bank’s expanded financial capacity with targeted, transformative investments in key sectors of the economy.
Dr. Uzoka-Anite emphasized the importance of investments in agriculture, energy access, and human capital, citing impactful World Bank-supported programmes like the Agriculture Sector Recovery and Sustained Livelihoods Programme (ACReSAL) and ANRiN.
The Minister highlighted these programmes as examples of effective cooperation between Nigeria and the World Bank Group, demonstrating the potential for strategic investments to yield meaningful development outcomes.
By prioritizing targeted investments in key sectors, the World Bank Group can play a more impactful role in supporting countries like Nigeria to achieve their development goals. The Federal Government reaffirms its commitment to partnering with the World Bank Group to drive sustainable development and improve the lives of Nigerians in line with the Renewed Hope Agenda of the President Bola Ahmed Tinubu-led Administration
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