Nigeria\u2019s investment momentum is gathering pace, with the federal government announcing that over $5 billion in new inflows have entered the country\u2019s manufacturing, fintech, and energy sectors, signalling rising investor confidence in ongoing economic reforms.<\/p>\n
President Bola Ahmed Tinubu, represented by the Minister of State for Industry, Senator John Enoh, disclosed this while declaring open the 39th Lagos International Trade Fair, organised by the Lagos Chamber of Commerce and Industry (LCCI) at the Tafawa Balewa Square on Friday, November 7,\u00a0 2025.<\/p>\n
According to him, the inflows reflect the success of key policy measures under the Renewed Hope Agenda, including the removal of fuel subsidies, foreign exchange unification, and efforts to simplify business regulations.<\/p>\n
\u201cOver the past two years, we have attracted over $5bn in new manufacturing, fintech, and energy investments through policy clarity and investor engagement,\u201d the President said. \u201cThese reforms are restoring transparency, rebuilding investor trust, and placing Nigeria on a sustainable fiscal path.\u201d<\/p>\n
President Tinubu reaffirmed his administration\u2019s determination to transform Nigeria\u2019s potential into productivity, pledging continued support for local industries and the ease of doing business.<\/p>\n
\u201cUnder the Renewed Hope Agenda, we are moving purposefully from potential to productivity, deepening investor confidence and championing innovation and trade,\u201d he stated.<\/p>\n
He further emphasized Nigeria\u2019s commitment to leading the African Continental Free Trade Area (AfCFTA), noting that the country must not just participate but drive its implementation across the continent.<\/p>\n
\u201cNigeria must not only participate in AfCFTA; we must lead it,\u201d President Tinubu declared.<\/p>\n
The President also commended the LCCI for sustaining the Lagos International Trade Fair for nearly four decades and lauded Lagos State\u2019s infrastructure development, describing the city as the \u201ccommercial heartbeat of Africa.\u201d<\/p>\n
LCCI President Gabriel Idahosa disclosed that the ongoing trade fair has already generated about N250 million in economic activity through booth construction and the employment of 280 local artisans, adding that the event continues to serve as a catalyst for job creation, innovation, and intra-African trade.<\/p>\n
He revealed that the 2025 edition, themed \u2018Connecting Businesses, Creating Value,\u2019 will host over 2,000 exhibitors and attract about 500,000 visitors over 10 days.<\/p>\n
Highlighting new features for this year\u2019s fair, Idahosa announced the introduction of a Tech Hub, which showcases technopreneurs in telecommunications, software, and ICT who are shaping Nigeria\u2019s digital economy.<\/p>\n
\u201cThe tech sector remains one of the fastest-growing segments of our economy,\u201d Idahosa said. \u201cThrough this platform, we aim to celebrate and support the pioneers creating technology-driven solutions that will propel Nigeria\u2019s economic future.\u201d<\/p>\n
Representing Lagos State Governor Babajide Sanwo-Olu, Commissioner for Commerce, Cooperatives, Trade and Investment, Folashade Ambrose-Medebem, reaffirmed the state\u2019s commitment to attracting investments through infrastructure upgrades, industrial clusters, and digital systems.<\/p>\n
She also disclosed that Lagos has secured the right to host the 2027 Intra-African Trade Fair in partnership with the Federal Government, a move expected to further boost Nigeria\u2019s continental trade leadership.<\/p>\n
The 2025 Lagos International Trade Fair, which runs until November 16, continues to position Nigeria as a top destination for industrial collaboration and foreign investment.<\/p>\n","protected":false},"excerpt":{"rendered":"
Nigeria\u2019s investment momentum is gathering pace, with the federal government announcing that over $5 billion in new inflows have entered the country\u2019s manufacturing, fintech, and energy…<\/p>\n","protected":false},"author":2,"featured_media":905,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[18,172],"tags":[385,92,241,345,384,387,383,84,377,386],"class_list":["post-902","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-developments","category-news","tag-afcfta","tag-economicgrowth","tag-fintech","tag-investinnigeria","tag-lagostradefair","tag-lcci","tag-manufacturing","tag-nigeriainvestment","tag-renewedhopeagenda","tag-tinubureforms"],"yoast_head":"\n