Ministry of Finance Urges High Performance in State-Owned Enterprises for Economic Growth

The Ministry of Finance, led by Wale Edun, advocates for improved performance in state-owned enterprises (SOEs) to enhance Nigeria's economy. Edun highlighted the 2026 MOFI Excellence Award panel in Abuja, stressing the importance of transparency and ethical practices.

He referenced successful public enterprises in countries like China, Qatar, and Singapore to make a case for Nigeria's SOEs. Dr.

Armstrong Takang emphasized the government's pivotal role in business success, citing examples of failed Nigerian SOEs like Nigerian Airways and NITEL. The call is to elevate transparency and accountability to drive economic prosperity.