Nigeria is positioning itself as a top destination for investment, according to Vice President Senator Kashim Shettima. He said the economic reforms introduced by President Bola Ahmed Tinubu are creating new opportunities for international investors and business partnerships.
“There is no better time to invest in Nigeria,” Shettima told a delegation from Advanced Energy Partners, led by Senator Abu Ibrahim. “You have come at the right time, where we have been blessed with committed leadership.”
He highlighted policies that support growth, strengthen financial stability, and expand access to key business sectors. Moreover, Shettima noted Nigeria’s abundant resources and expanding markets as key incentives for investors.
Strategic Reforms Unlock New Investment Opportunities
Shettima explained that deliberate reforms are making sectors such as energy, oil and gas, mining, and technology more attractive to investors. Furthermore, he said these policies encourage sustainable development and long-term economic growth.
Senator Abu Ibrahim added that the delegation’s visit reflects confidence in Nigeria’s reforms and growing international interest. Consequently, investment in the country is expected to rise.
Global Companies Reaffirm Investment Plans in Nigeria
Mr Qiang Wenyu, Vice President of China North Industries Corporation (NORINCO), said the visit followed an earlier meeting with President Tinubu in Beijing. He confirmed that NORINCO remains committed to expanding its activities in Nigeria, particularly in energy and oil sectors.
Additionally, Ms Mahra Rashed Al Suwaidi, CEO of Horizon Energy Abu Dhabi, praised the President’s leadership. She stated that improved governance at institutions like the Nigerian National Petroleum Company Limited has strengthened investor confidence.
International Support for Nigeria Investment Growth
The UAE Ambassador to Nigeria, Salem Saeed Musabbeh Al Shamsi, encouraged foreign investors to seize opportunities in Nigeria. He noted that non-oil trade between the UAE and Nigeria reached $4.3 billion in 2024.
Other attendees included the CEO of Advanced Energy Partners, Mr Shakiru Olayinka; Mr Abiye Membere of AEP; Mr Hu Keyu of China Zhenhua Oil Corporation; Mr Xu Yongfeng of Beijing Auxin Chemical Technology Corporation; and Mr Liang Hongda of NORINCO African Department.
Nigeria Poised for Sustainable Investment Growth
Shettima concluded that Nigeria is now more attractive to international investors than ever. Moreover, he said the government will continue reforms to strengthen partnerships and boost economic growth. He emphasized that Nigeria’s leadership is committed to stability, inclusivity, and transparency, creating a safe environment for investment.
