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President Bola Tinubu has projected that Nigeria could attract close to $20 billion in Foreign Direct Investment (FDI) in 2026 as his administration intensifies efforts to position the country as a leading investment destination in Africa.
Eko Hot Blog reports that Tinubu made the disclosure during the ongoing Africa CEO Forum 2026, where he highlighted reforms introduced by his administration to improve transparency, remove bureaucratic bottlenecks and restore investor confidence in the Nigerian economy.
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“This year alone, I can beat my chest that Nigeria is attracting close to $20 billion in foreign direct investment,” the President said.
According to Tinubu, his administration has continued to create an enabling environment for investors through economic reforms and policies aimed at boosting efficiency and encouraging private sector participation.
The President also called on African countries to strengthen intra-African trade by developing a continental exchange commodity platform that would allow countries to trade resources among themselves.
“Look around the entire continent of 54 countries. There’s none of us without a particular commodity. Why not start an exchange commodity platform where we can trade with one another?” he stated.
Tinubu further said Nigeria’s economic survival during the Middle East crisis was aided by the establishment of the Dangote Refinery, noting that the country’s large population would have faced severe hardship without local refining capacity.
Meanwhile, the President’s investment drive received a major boost as global port operator APM Terminals announced plans to invest $600 million in Nigeria’s maritime sector.
The company’s Regional President for Africa-Europe, Igor van den Essen, disclosed the investment plan during a meeting with Tinubu on the sidelines of the forum in Kigali.
According to him, the investment would support the modernisation of Apapa Port, expansion of logistics infrastructure and enhancement of long-term private sector participation in Nigeria’s maritime industry.
Tinubu welcomed the commitment, saying Nigeria was repositioning itself for greater economic competitiveness through infrastructure renewal and ongoing reforms.
Van den Essen commended the Tinubu administration’s reform agenda, describing Nigeria as a strategic hub within APM Terminals’ African operations.
He also reaffirmed the company’s commitment to expanding world-class terminal infrastructure and technology-driven port operations in the country.
Speaking on the President’s participation at the forum, Taiwo Oyedele said Tinubu was actively promoting Nigeria to global investors across critical sectors including power, mining and infrastructure.
The forum also featured remarks by Paul Kagame, who criticised the nature of foreign engagement with Africa and urged the continent to build stronger economic leverage globally.
Kagame praised African countries such as Zambia, Ghana and Zimbabwe for rejecting certain bilateral health agreements with the United States over concerns relating to private health data and mineral rights.
Tinubu also held separate talks with executives of Winme Group, where he called for deeper partnerships in logistics, shipping, mining and integrated infrastructure development.
