The federal government has engaged representatives of the Japan International Cooperation Agency (JICA) and the Multilateral Investment Guarantee Agency (MIGA) in talks aimed at boosting foreign direct investment (FDI) in Nigeria.

Mohammed Manga, Director of Information and Public Relations at the Federal Ministry of Finance, disclosed this in a statement on Tuesday.

The high-level bilateral meeting, held on the sidelines of the World Bank and International Monetary Fund (IMF) annual meetings in Washington, D.C., was led by Doris Uzoka-Anite, Minister of State for Finance.

According to Manga, discussions during the meeting centred on identifying opportunities to enhance Nigeria’s FDI inflow and strengthen ongoing pipeline projects.

“The Nigerian government reaffirmed its commitment to leveraging international partnerships to drive economic growth and development. Both JICA and MIGA expressed continued support for Nigeria’s development agenda,” Manga said.

He added that the engagement reflects the strong international confidence in Nigeria’s economic prospects and the potential for deeper collaboration with global development agencies.

Earlier on Monday, Nigeria joined other Commonwealth countries in exploring strategies to bolster economic resilience and promote sustainable development within the bloc.