Nigeria targets $500b at World Investment Summit

Nigeria is expected to secure over $500 billion in investment pledges, Memoranda of Understanding (MoUs), and other benefits at the 2026 World Investment Summit (WIS) Abuja, scheduled to take place from June 24 to 26. Adeniyi Adeyemi Matthew, the Director-General and Convener-General of WIS disclosed this at a press conference in Abuja on Wednesday, stating […]

Nigeria is expected to secure over $500 billion in investment pledges, Memoranda of Understanding (MoUs), and other benefits at the 2026 World Investment Summit (WIS) Abuja, scheduled to take place from June 24 to 26.

Adeniyi Adeyemi Matthew, the Director-General and Convener-General of WIS disclosed this at a press conference in Abuja on Wednesday, stating that under the leadership of President Bola Ahmed Tinubu, Nigeria is undergoing a bold transformation driven by the Renewed Hope Agenda.

The event, powered by the World Investment Summit Group, is also expected to culminate in the launch of a World Investment Platform, the establishment of a World Investment Bank with headquarters in Nigeria, and a World Investment & Innovation Hub in Abuja, alongside about 200 public-private partnership deals in priority sectors.

Adeniyi said the administration has taken courageous and necessary steps to reposition the Nigerian economy.

 

He acknowledged the Tinubu administration’s comprehensive fiscal and monetary reforms, including efforts to restore macroeconomic stability, exchange rate unification to enhance transparency and investor confidence, the removal of fuel subsidies to free up critical resources for national development among others.