Nigeria Attracting Nearly $20bn FDI Due to Transparency, Reforms — Tinubu

…Urges African nations to trade more in local currencies
 
President Bola Ahmed Tinubu has said Nigeria is attracting close to $20 billion in foreign direct investments (FDI) in 2026 due to reforms focused on transparency, efficiency and openness to business.
Tinubu spoke during a panel session at the ongoing Africa CEO Forum in Kigali, Rwanda, where he also urged African countries to strengthen economic collaboration, trade more in local currencies and prioritise local processing of raw materials across the continent.
“This year alone, I can beat my chest that Nigeria is attracting close to $20 billion in foreign direct investment,” Tinubu said.
The President said his administr...