- Tinubu Engages Global Financiers on Oil, Gas and Infrastructure Investment
- President Tinubu held discussions with Hakeem Belo-Osagie and Bayo Ogunlesi,
- Both investors expressed willingness to work with the government and private sector players on transformative projects
President Bola Tinubu on Monday met in Lagos with two of Nigeria’s most influential international financiers to explore investment opportunities in oil, gas, and infrastructure, as his administration intensifies efforts to attract capital and revive the struggling economy.
Eko Hot Blog reports that the President held discussions with Hakeem Belo-Osagie, chairman of Metis Capital Partners and senior lecturer at Harvard Business School, and Bayo Ogunlesi, chairman of Global Infrastructure Partners and senior managing director at BlackRock. Also present was Zacch Adedeji, executive chairman of the Federal Inland Revenue Service.
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Talks focused on unlocking large-scale investment in Nigeria’s upstream oil and gas sector and fast-tracking critical infrastructure projects.
Tinubu reiterated his administration’s readiness to collaborate with credible partners, particularly Nigerians in the diaspora, to deliver energy security and infrastructure capable of powering economic growth.
“Nigeria is ready to collaborate with credible global partners to deliver energy security and the infrastructure that will power growth across Africa. Our sons of the soil, and other Nigerians in the diaspora, are welcome partners,” the President said.
Belo-Osagie urged the alignment of oil and gas ventures with sustainable financing models, while Ogunlesi underscored the role of global capital in bridging Nigeria’s vast infrastructure gap. Both investors expressed willingness to work with the government and private sector players on transformative projects.
Since assuming office in May 2023, Tinubu has implemented wide-ranging reforms, including the removal of fuel subsidies and exchange rate unification, aimed at stabilising Africa’s largest economy and restoring investor confidence.
Monday’s engagement is part of the administration’s broader strategy to reposition Nigeria as a premier destination for global capital amid persistent challenges of energy deficits, weak infrastructure, and high unemployment.
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