The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, today hosted a high-level delegation from the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), led by Mr. Hassan Idriss, Director of Legal Affairs. The engagement underscores Nigeria’s efforts to deepen strategic financial partnerships and accelerate the delivery of critical infrastructure projects in line with national development priorities.
During the meeting, ICIEC reaffirmed its strong support for Nigeria’s economic agenda, expressing readiness to provide credit and political risk guarantees that can unlock private capital and de-risk large-scale investments. These instruments are expected to play a catalytic role in mobilising both domestic and international financing for infrastructure development—particularly in high-impact sectors such as energy, transport, and affordable housing.
Mr. Edun welcomed the delegation and reiterated the Tinubu administration’s commitment to fostering an enabling environment for private sector-led growth. He stressed the vital role of risk mitigation tools in attracting long-term capital to projects that enhance productivity, generate employment, and improve quality of life for Nigerians.
“We value ICIEC’s continued partnership in advancing commercially viable and socially beneficial infrastructure,” the Minister stated. “By strengthening mechanisms that reduce investment risk, we can crowd in private sector participation and accelerate progress towards a more inclusive and resilient economy.”
The meeting reflects a renewed alignment between Nigeria’s development objectives and ICIEC’s mission, and paves the way for enhanced cooperation in deploying innovative financial solutions that deliver measurable impact for the Nigerian people.
