The United Arab Emirates has projected investments exceeding 10 billion dollars in Nigeria in the coming years, as both countries seek to deepen economic ties. UAE Minister of Investment, Mohamed H. Alsuwaidi, made the commitment at the first Investopia Global Africa forum in Lagos, cohosted by Nigeria and the UAE. He said Nigeria’s scale and reform momentum under President Bola Tinubu present a window for significantly larger private sector driven investments.
Nigeria’s Minister of Industry, Trade and Investment, Jumoke Oduwole, described the country as a strategic hub for accessing the African Continental Free Trade Area. She highlighted opportunities across solid minerals, agribusiness, technology, infrastructure, energy, and financial services, assuring investors of stronger legal frameworks, government support, and investment security.
Lagos State Governor Babajide Sanwo Olu reaffirmed the state’s readiness to partner with investors, citing progress in ports, logistics, aviation, and the planned Lagos International Financial Centre. He said Lagos is removing red tape, strengthening infrastructure, and positioning itself as Nigeria’s leading gateway for global capital and long-term investment.
