President Bola Tinubu on Thursday said Nigeria is on course to attract close to $20 billion in foreign direct investment in 2026 alone.
He attributed the figure to his administration’s systematic removal of regulatory bottlenecks, macroeconomic stabilisation, and transparency reforms.
Tinubu stated this while making a case for African self-reliance and continental resource integration at the Africa CEO Forum in Kigali, Rwanda.
Speaking on a presidential panel moderated by British journalist Zainab Badawi alongside Gabonese President Brice Clotaire Oligui Nguema, Tinubu asserted that Africa must refuse to export raw materials while importing finished products.
He also argued that the continent must finance its own development from its resources.
Tinubu said, “Removing all the bottlenecks gives you the necessary incentives for direct foreign investment into the country.