In a landmark step toward economic revitalization, Nigeria has officially joined the European Bank for Reconstruction and Development (EBRD). The milestone was confirmed at the 2025 EBRD Annual Meetings in London, where Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, led a high-level delegation to formalize Nigeria’s membership.
Addressing the Board of Governors' Plenary Session, Mr. Edun emphasized that Nigeria’s accession aligns directly with President Bola Ahmed Tinubu’s Renewed Hope Agenda, describing it as a “critical milestone in our economic reform journey.”
“This is a proud day for Nigeria,” said Edun. “We are committed to building a transparent, rules-based economy that unlocks private investment and accelerates inclusive growth.”
What Nigeria’s EBRD Membership Means:
With over 80% of EBRD’s financing directed toward the private sector, Nigeria’s entry opens up fresh avenues for:
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Entrepreneurs and SMEs to access international capital
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Support for energy transition, infrastructure, digital innovation, and agriculture
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Technical expertise in developing resilient, sustainable economic policies
The EBRD is known for backing investments that promote sustainable development and private sector growth. Nigeria becomes the first West African country to join the multilateral institution, signifying global confidence in its reform agenda.
Global Engagement:
On the sidelines of the meeting, Mr. Edun held high-level bilateral talks with delegations from France and the United States, reinforcing Nigeria’s position as an active and trusted partner in international economic governance.
Theme of the 2025 EBRD Annual Meetings:
Held under the theme “Expanding Horizons, Enduring Strengths,” the gathering brought together leaders from over 70 economies to strategize on inclusive growth, resilience, and sustainable development.
