Fg Plans To Curb Borrowing, Boost Investments In 2026 - Edun

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has revealed that the Federal Government is committed to reducing its reliance on borrowing while intensifying efforts to attract investment into the Nigerian economy.

The minister who spoke in an interview with Bloomberg TV on the sidelines of the World Economic Forum in Davos, Switzerland, on Tuesday clarified that although Nigeria's budget deficit appears huge on paper following approval by the National Assembly, the government is focused on fiscal consolidation after implementing key economic reforms.

"On paper, we have a wider budget deficit because we've got the approval of the National Assembly," Edun said.