Tinubu says Nigeria set to attract $20bn in foreign investment
Bola Tinubu has announced that Nigeria is on track to attract nearly $20 billion in foreign direct investment in 2026. He credited this progress to his administration’s reforms and efforts to remove regulatory obstacles. Speaking at the Africa CEO Forum in Kigali, Rwanda, Tinubu emphasized the importance of value addition and self-reliance for Africa. He also highlighted achievements in infrastructure, agriculture, and digital transformation.
TLDR
- Bola Tinubu said Nigeria is expected to attract close to $20 billion in foreign direct investment in 2026.
- He attributed this to regulatory reforms, macroeconomic stabilization, and increased transparency.
- Tinubu stressed the need for Africa to add value to its resources instead of exporting raw materials.
- He cited infrastructure projects, such as fibre optic networks and agricultural zones, as evidence of progress.
- Tinubu also discussed tax reforms, digital transformation, and the importance of supporting local industries like the Dangote Refinery.
