Abuja Open for Investment, Wike Vows Against Land Fraud

Nyesom Wike, the Minister of the Federal Capital Territory Administration (FCTA), announced at the Abuja Business and Investment Expo 3.0 that Abuja is open for credible local and international investment. He emphasized a zero-tolerance policy towards land fraud and warned land speculators and fraudulent developers that they would not find refuge in the territory.

Wike, represented by Dr Mariya Mahmoud, the FCT Minister of State, noted that the ongoing transformation of Abuja under President Bola Ahmed Tinubu's Renewed Hope Agenda aims to create a sustainable economic environment driven by private sector investment. He highlighted the FCTA's extensive infrastructure programs, including road construction, urban renewal, and healthcare development, which are designed to position Abuja as Africa's preferred investment destination.

Wike also mentioned that Abuja ranked fourth nationally in the 2025 Presidential Enabling Business Environment Council (PEBEC) Subnational Ease of Doing Business assessment, achieving a 61 percent performance score, reflecting the administration's commitment to improving governance and simplifying investment processes.