The Managing Director and Chief Executive of the Ministry of Finance Incorporated (MOFI), Dr. Armstrong Takang, continues to deepen engagements with key local and international partners in a strategic drive to maximize the value of Nigeria’s assets. As part of this effort, MOFI is leveraging capital market opportunities to optimize national assets and invest in priority sectors of the economy.

In line with this vision, MOFI recently hosted the Joint Capital Market Program (J-CAP) team from The World Bank and its private-sector investment arm, the International Finance Corporation (IFC). The high-level discussions centered on exploring asset optimization strategies using capital market mechanisms to unlock new investment opportunities.

A key highlight of the meeting was the focus on various assets under MOFI’s management and how they could benefit from innovative financial instruments. Special attention was given to the MOFI Real Estate Investment Fund (MREIF), a newly structured initiative designed to harness capital market funding. The discussions also emphasized the acceleration of MOFI’s National Assets Register project, a critical step towards enhanced asset management and valuation.

Dr. Takang reaffirmed MOFI’s commitment to driving economic growth through strategic asset management, stressing that international partnerships are integral to this mission. “The optimization of Nigeria’s assets remains a core priority for MOFI. By leveraging global best practices and capital market solutions, we aim to unlock long-term economic value for the country,” he stated.

As MOFI strengthens collaboration with global financial institutions, the agency remains focused on aligning its asset management strategy with national development objectives, ensuring that key sectors of the Nigerian economy benefit from sustainable investments.

Source: theeconomictimes.com.ng