Nigeria's Tinubu Champions Economic Growth at CEO Forum

At the 13th Africa CEO Forum in Kigali, President Bola Ahmed Tinubu of Nigeria emphasized the country's commitment to attracting nearly $20 billion in foreign direct investment (FDI) within the 2026 calendar year. His address focused on Nigeria's strategic reforms aimed at removing regulatory bottlenecks and enhancing transparency in governance.

Tinubu highlighted the successful deployment of 90,000 kilometers of fiber optic infrastructure, with a goal of reaching 125,000 kilometers to ensure high-speed internet access across all local government areas. He also announced a $600 million investment commitment to modernize the Apapa port, positioning Nigeria as a global maritime hub.

The forum, attended by 2,500 participants from 75 countries, underscored the importance of African nations controlling their capital and resources, particularly in the context of the African Continental Free Trade Area (AfCFTA). Tinubu's administration is focused on fostering a culture of fiscal responsibility to support sustainable growth in Nigeria's economy.