{"id":2485,"date":"2025-06-17T14:53:04","date_gmt":"2025-06-17T14:53:04","guid":{"rendered":"https:\/\/finance.gov.ng\/?p=2485"},"modified":"2025-06-17T14:53:04","modified_gmt":"2025-06-17T14:53:04","slug":"president-tinubu-declares-asif-2025-open-pledges-nigerias-commitment-to-africas-economic-transformation","status":"publish","type":"post","link":"https:\/\/finance.gov.ng\/ministry\/president-tinubu-declares-asif-2025-open-pledges-nigerias-commitment-to-africas-economic-transformation\/","title":{"rendered":"President Tinubu Declares Asif 2025 Open, Pledges Nigeria&#8217;s Commitment to Africa&#8217;s Economic Transformation"},"content":{"rendered":"<p style=\"text-align: justify;\">In a strong show of commitment to Africa-led growth, His Excellency<br \/>\nPresident Bola Ahmed Tinubu has today in Abuja declared the 4th Annual Meeting of the Africa Sovereign Investors Forum (ASIF), emphasizing the need for collective action and regional cooperation among African countries to achieve transformative development.<\/p>\n<p style=\"text-align: justify;\">Represented by Vice President Kashim Shettima, President Bola Ahmed Tinubu reaffirmed Nigeria\u2019s determination to lead the continent\u2019s economic transformation through targeted reforms and catalytic investment platforms while also<br \/>\nunderscoring the administration\u2019s priority on regional collaboration and innovative capital mobilisation.<\/p>\n<p style=\"text-align: justify;\">The Federal Republic of Nigeria, through the Federal Ministry of Finance, is hosting the meeting beginning from June 15\u201317, in Abuja.<\/p>\n<p style=\"text-align: justify;\">Held under the theme Leveraging African Sovereign Wealth Funds to Mobilise Global Capital for Transformative Development, the gathering brings together sovereign wealth funds, institutional investors, and policymakers from 17 African nations\u2014supported by strategic partners such as China Investment Corporation and Abu Dhabi Investment Authority.<\/p>\n<p style=\"text-align: justify;\">Ealier, in his remarks, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun called for a shift from stabilization to strategic investment, positioning sovereign wealth funds as engines of economic transformation.<\/p>\n<p style=\"text-align: justify;\">Africa must lead its own industrialization. By mobilizing domestic capital and aligning with global partners, we can move from a future defined by potential to one built on performance, he stated.<\/p>\n<p style=\"text-align: justify;\">The Minister highlighted Nigeria\u2019s trailblazing efforts in developing innovative financing models such as the NSIA-backed Infrastructure Debt Fund, the Green Guarantee Company, and a landmark US-dollar domestic bond issuance, as clear signals of Nigeria\u2019s investment readiness.<\/p>\n<p style=\"text-align: justify;\">Mr. Aminu Umar-Sadiq, Managing Director and CEO of the Nigeria Sovereign Investment Authority (NSIA), echoed this ambition:<\/p>\n<p style=\"text-align: justify;\">NSIA is honoured to host sovereign wealth funds from across the continent\u2026 By uniting our collective resources, African sovereign wealth funds can become a formidable catalyst for transformative growth, economic resilience, and long-term prosperity, he said<\/p>\n<p style=\"text-align: justify;\">He highlighted pioneering initiatives like the Infrastructure Debt Fund, the Green Guarantee Company, and the US-dollar domestic bond issuance as clear evidence of Nigeria\u2019s investment leadership.<\/p>\n<p style=\"text-align: justify;\">The summit also marked the launch of the ASIF Investment Platform, a flagship vehicle designed to unlock high-impact, cross-border investments in infrastructure, renewables, manufacturing, and healthcare.<\/p>\n<p style=\"text-align: justify;\">For Nigeria\u2019s private sector, ASIF\u202f2025 signals a new era\u2014de-risking mega-projects, anchoring blended finance, and creating fertile ground for investor-led growth across Africa.<\/p>\n<p style=\"text-align: justify;\">Signed<br \/>\nMohammed Manga FCAI<br \/>\nDirector, Information and Public Relations<br \/>\nJune 16, 2025<\/p>\n<p style=\"text-align: justify;\">www.finance.gov.ng<\/p>\n<div id='gallery-1' class='gallery galleryid-2485 gallery-columns-3 gallery-size-medium'><figure 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https:\/\/finance.gov.ng\/ministry\/wp-content\/uploads\/2025\/06\/WhatsApp-Image-2025-06-17-at-15.46.16_e13f11d5-1024x1024.jpg 1024w, https:\/\/finance.gov.ng\/ministry\/wp-content\/uploads\/2025\/06\/WhatsApp-Image-2025-06-17-at-15.46.16_e13f11d5-150x150.jpg 150w, https:\/\/finance.gov.ng\/ministry\/wp-content\/uploads\/2025\/06\/WhatsApp-Image-2025-06-17-at-15.46.16_e13f11d5-768x768.jpg 768w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a>\n\t\t\t<\/div><\/figure>\n\t\t<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>In a strong show of commitment to Africa-led growth, His Excellency President Bola Ahmed Tinubu has today in Abuja declared the 4th Annual Meeting of the Africa Sovereign Investors Forum (ASIF), emphasizing the need for collective action and regional cooperation among African countries to achieve transformative development. Represented by Vice President Kashim Shettima, President Bola [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2486,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[25,29],"tags":[],"class_list":["post-2485","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-catchup","category-news"],"_links":{"self":[{"href":"https:\/\/finance.gov.ng\/ministry\/wp-json\/wp\/v2\/posts\/2485","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finance.gov.ng\/ministry\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finance.gov.ng\/ministry\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finance.gov.ng\/ministry\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finance.gov.ng\/ministry\/wp-json\/wp\/v2\/comments?post=2485"}],"version-history":[{"count":1,"href":"https:\/\/finance.gov.ng\/ministry\/wp-json\/wp\/v2\/posts\/2485\/revisions"}],"predecessor-version":[{"id":2489,"href":"https:\/\/finance.gov.ng\/ministry\/wp-json\/wp\/v2\/posts\/2485\/revisions\/2489"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finance.gov.ng\/ministry\/wp-json\/wp\/v2\/media\/2486"}],"wp:attachment":[{"href":"https:\/\/finance.gov.ng\/ministry\/wp-json\/wp\/v2\/media?parent=2485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finance.gov.ng\/ministry\/wp-json\/wp\/v2\/categories?post=2485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finance.gov.ng\/ministry\/wp-json\/wp\/v2\/tags?post=2485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}