NESG and FG Call for Sustainable FDI to Boost Nigeria's Economy

On September 10, 2026, the Nigerian Economic Summit Group (NESG), in collaboration with the Federal Ministry of Budget and Economic Planning, convened a virtual pre-summit dialogue titled “Unlocking Sustainable FDI for Productivity and Shared Prosperity.” The event aimed to strategize on attracting and retaining sustainable foreign direct investment (FDI) to create jobs, strengthen local businesses, transfer technology, and boost productivity. Dr Suleyman Ndanusa, CEO of Global Mandate Consulting Limited, emphasized the need for Nigeria to transition from investment promotion to investment delivery, highlighting challenges such as land administration and customs procedures.

He urged the government to focus on long-term FDI that integrates local supply chains. Mr Abayomi Salami, representing the NIPC, stressed the importance of ensuring that FDI yields tangible economic benefits, including job creation and technology transfer, while identifying key sectors for investment opportunities.

The NIPC is working to enhance the investment environment through reforms.