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Oduwole and Idris Advocate for Economic Growth in Nigeria

Oduwole and Idris Advocate for Economic Growth in Nigeria

At the 2026 News Agency of Nigeria (NAN) NUJ Press Week in Abuja, Dr Jumoke Oduwole, the Minister of Industry, Trade and Investment, and Mohammed Idris, the Minister of Information and National Orientation, called for increased production and investment to harness Nigeria's economic potential. Oduwole, represented by Augustina Okechi, highlighted that capital importation reached $23.22 billion in 2025, with an additional $10.37 billion in the first quarter of 2026.

She noted that non-oil exports rose to $6.1 billion in 2025 from $5.45 billion in 2024. Idris, represented by Oluwatosin Lawal, encouraged the media to enhance public understanding and accountability regarding economic development.

Dr Abdul Ibrahim from Nasarawa State University emphasized the need for local processing, improved electricity supply, and affordable credit for small businesses to foster economic growth. He identified challenges such as inadequate electricity and insecurity as barriers to investment and urged for collaboration among academics, journalists, and the government.

Plus234Feed summary based on reporting from Leadership Newspaper. Read the original report below.

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