Nigeria Secures $5bn in Fresh Investments Under Tinubu Administration

Nigeria Secures $5bn in Fresh Investments Under Tinubu Administration
Tinubu said ongoing reforms by the PEBEC have reduced business registration timelines
Over 50,000 MSMEs have received direct financial support in the last two years

President Bola Ahmed Tinubu has disclosed that his administration’s policy clarity and sustained investor engagement have attracted over $5 billion in new investments across manufacturing, fintech, and energy sectors since assuming office two years ago, Eko Hot Blog reports.

Contents

EDITOR’S PICK
FURTHER READING

Speaking at the opening ceremony of the 2025 Lagos International Trade Fair (LITF), organised by the Lagos Chamber of Commerce and Industry (LCCI) at Tafawa Balewa Square, Lagos, the President reaffirmed his government’s commitment to rebuilding the economy, deepening investor confidence, and promoting local industry and innovation.

EDITOR’S PICK

Represented by the Minister of State for Industry, Trade and Investment, John Owan Enoh, Tinubu said ongoing reforms by the Presidential Enabling Business Environment Council (PEBEC) have reduced business registration timelines, digitised port operations, and simplified regulatory procedures.

“We will continue to ensure stable policies instead of abrupt reversals, honour contracts, and provide transparent incentives for manufacturers, exporters, and MSMEs,” he assured.

“Nigeria will not just participate in the African Continental Free Trade Area (AfCFTA) we will lead it.”

Tinubu described the fair as a “symbol of Nigerian enterprise, resilience, and creativity,” urging entrepreneurs to leverage the opportunity to build international partnerships that will enhance value chains and boost exports.

Now in its 39th edition, the LITF has attracted nearly 2,000 exhibitors from Nigeria, Africa, and countries such as China and Japan. The LCCI projects over 500,000 visitors across the ten-day fair, which runs until November 16.

Nigeria Secures $5bn in Fresh Investments Under Tinubu Administration

LCCI President Gabriel Idahosa said the fair’s theme, “Connecting Businesses, Creating Value,” underscores the chamber’s mission to facilitate business networking, open new markets, and stimulate the economy.

He revealed that the fair had already injected ₦250 million into the local economy and engaged over 280 artisans, providing immediate economic impact.

In his keynote address, Lagos State Governor Babajide Sanwo-Olu, represented by the Commissioner for Commerce, Cooperatives, Trade, and Investment, Folashade Bada Ambrose-Medebem, said Lagos remains a “microcosm of Africa’s entrepreneurial spirit.”

He noted that the state has simplified investment procedures through a one-stop business facilitation centre, improved land and trade documentation, and expanded industrial zones to attract more local and foreign investors.

“Over 50,000 MSMEs have received direct financial support in the last two years, with many growing into exporters and franchise owners,” he said.

“We encourage exhibitors to treat this fair as a launchpad for innovation and shared prosperity.”

The fair continues to serve as a major platform for promoting intra-African trade, industrial linkages, and global investment partnerships.