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Edun Showcases Nigeria’s Fiscal Reforms at UN Finance Summit in Spain

Tunde Abiola by Tunde Abiola
July 1, 2025
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The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, today delivered Nigeria’s national statement at the 4th International Conference on Financing for Development (FFD4), held in Sevilla, Spain.

Addressing a high-level roundtable on domestic public resource mobilisation, Minister Edun called for a more equitable global financial architecture—one that reflects the fiscal realities and development needs of emerging economies. He outlined Nigeria’s ongoing reforms aimed at strengthening tax administration, promoting fiscal discipline, and fostering a more conducive environment for private sector investment.

“In today’s evolving global landscape, self-reliance is essential. We are prioritising digital infrastructure, transparency, and institutional reforms to deliver greater value to Nigerians with every naira spent,” the Minister said.

He also underscored the urgent need for enhanced international cooperation on tax justice and the fight against illicit financial flows—areas in which African economies continue to face structural disadvantages.

The summit convened senior representatives from the United Nations, OECD, European Union, and leading development banks, alongside finance ministers from countries including Nepal, Malawi, and Uruguay.

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