FG deepens economic ties with Brazil at Ogun investment forum

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Barbara Bako, Abuja

The Federal Government has reaffirmed its commitment to strengthening economic diplomacy and attracting foreign investment, following its participation in the Ogun State Investment Forum with the Brazilian business community in Rio de Janeiro.

Held on the sidelines of the 17th BRICS Summit, the forum showcased Ogun State’s investment potential in energy, manufacturing, agribusiness, technology, and infrastructure.

Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, represented Nigeria at the event, where he highlighted the country’s ongoing reforms and its readiness to welcome investors.

“Nigeria is firmly open for business,” Edun said, citing macroeconomic stability and reform-driven growth.

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He added that the government is committed to public-private partnerships and building a transparent, investor-friendly climate in line with President Bola Ahmed Tinubu’s Renewed Hope Agenda.

The engagement signals Nigeria’s intent to deepen its ties with Brazil and further position Ogun State as a strategic entry point for long-term investments into the country’s growing economy.

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