Lagos, Nov. 12, 2025 – Wale Edun, the Minister of Finance and Coordinating Minister for the Economy, has reassured investors of the federal government’s commitment to balanced outcomes on Capital Gains Tax (CGT).
Edun gave the assurance in Lagos on Tuesday at the Closing Gong Ceremony of Nigerian Exchange (NGX) in commemoration of the listing of the Ministry of Finance Incorporated (MoFI) Real Estate Investment Fund (MREIF) Series 2 in Lagos.
The NGX said the listing was being held amid cautious trading in the equities market as investors recalibrated portfolios in response to global and domestic economic developments.
Analysts noted that while liquidity remains robust, aligning fiscal policies with investor expectations is crucial for sustaining confidence and deepening long-term market participation.
Edun assured stakeholders that government had taken note of concerns around the capital gains tax and would continue consultations with the market to ensure fair implementation.
“We have noted the concerns around Capital Gains Tax and will keep engaging with the capital market to achieve optimal outcomes for Nigerians and investors.
“At N100 per unit, MREIF enables ordinary Nigerians to participate in savings and investment, leveraging local resources to boost the economy, especially in housing,” he said.
Temi Popoola, the Chief Executive of NGX Group, reaffirmed capital market’s role as a driver of inclusive growth and urged the government to ensure balanced policy outcomes.
“The capital market is not only a platform for attracting investment but also a tool for wealth creation and national economic growth.
“Policies like the Capital Gains Tax must balance government revenue objectives with investor confidence and sustained market growth,” he said.
Popoola said NGX Group remained committed to supporting the Renewed Hope Agenda by channelling private capital into initiatives that promote sustainable, long-term development.
