Nigeria Serves as Proof Bold Economic Reforms Work, Says Minister Oyedele

Taiwo Oyedele, Nigeria’s Minister of Finance and Coordinating Minister of the Economy, declared at the Africa CEO Forum in Kigali that Nigeria has transitioned from discussing reforms to implementing them. Speaking on May 14, 2026, Oyedele argued that Nigeria’s actions over the past three years provide a compelling real-world argument against incremental policy changes in Africa. He emphasized that the continent must shift from rhetoric to execution, focusing on scale, speed, and credible institutions to attract global attention and investment. Oyedele highlighted President Bola Tinubu’s active role in marketing Nigeria, noting successful bilateral engagements aimed at mobilizing investments in the power sector, solid minerals, and private enterprise. Concrete commitments regarding port development and mining were reported. Additionally, Oyedele detailed President Tinubu’s meeting with Guinea’s President Mamadi Doumbouya, praising Guinea’s decision to remain in ECOWAS despite regional pressures. The two leaders discussed strengthening ties through development partnerships, particularly in iron ore mining. The forum serves as a platform for leaders and investors to discuss capital mobilization and economic integration, with Nigeria positioning itself as a model for bold economic transformation.