FG targets $500bn investment deals ahead of Abuja global summit

Paulinus Sunday

April 22, 2026

Nigeria is targeting up to $500 billion in investment pledges and Memoranda of Understanding (MOUs) ahead of a major global summit scheduled to hold in Abuja, as the Federal Government intensifies efforts to reposition the economy for large-scale international capital inflows.

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The planned World Investment Summit, billed for June 24 to 26, 2026, is being framed by organisers as a critical test of Nigeria’s renewed engagement with global investors, coming at a time when the administration of Bola Ahmed Tinubu is advancing reforms aimed at improving market confidence and economic competitiveness.

Speaking at a press conference in Abuja, Director General and Convener General of the summit, Prince Adeniyi Adeyemi Matthew, said the government’s policy direction signals a deliberate shift towards opening Nigeria to unprecedented levels of foreign and domestic investment.

According to him, “a new era of Renewed Hope has begun—one where Nigeria is ready, open, and strategically positioned for global investment at an unprecedented scale.”

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He added, “Under the visionary leadership of President Tinubu, Nigeria is experiencing a bold transformation driven by the Renewed Hope Agenda.”

Organisers said the summit will address a range of interconnected global issues shaping investment flows, including food security, healthcare systems, energy transition, sustainable finance, climate concerns and technological transformation. A dedicated segment on climate finance is also expected to align with ongoing global discussions around sustainability and green investment.

The event structure will include about 15 thematic tracks covering areas such as gender equality, youth participation, academia, public-private partnerships (PPPs), investment facilitation and sustainable finance. The summit is positioned as a high-level platform designed to bring policymakers, private sector leaders and development institutions into direct engagement.

Projections from the summit secretariat indicate that around 8,000 delegates are expected to participate, including 1,000 speakers. Women are projected to account for about 34 percent of total participation, reflecting a push for broader inclusion across sectors.

Attendees are expected from multiple countries, alongside ministers, representatives of international organisations, financial institutions and corporate executives, underscoring the scale and ambition of the gathering.

In parallel, Nigerian authorities are planning a series of international engagements in collaboration with the Nigerian Exchange Group and the Securities and Exchange Commission. These include symbolic closing-bell ceremonies at major global stock exchanges aimed at signalling market readiness and boosting investor confidence ahead of the summit.

The initiative aligns with the Federal Government’s broader ambition to grow Nigeria’s economy to $1 trillion by 2030, anchored on structural reforms, improved revenue mobilisation and increased investment inflows.

Matthew said, “This administration has taken courageous and necessary steps to reposition the Nigerian economy, anchored on discipline, reform, and long-term sustainability—delivering real Renewed Hope for businesses, investors, and citizens.”

He further noted that recent policy actions are beginning to yield results. “Nigeria’s growth trajectory is strengthening, investor confidence is returning, and the country is reclaiming its position as Africa’s largest and most dynamic economy,” he said.

Organisers emphasised that the summit is conceived as more than a routine international event, describing it as a strategic instrument to deepen investment partnerships and shape policy direction.

“This Summit is not a routine gathering—it is a strategic instrument of the Renewed Hope Agenda,” Matthew said.

Participants are expected to span government, private sector, academia and development agencies, reflecting the wide scope of stakeholders required to drive investment-led growth in Nigeria’s evolving economic landscape.

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