President Tinubu presents Nigeria's business case to Africa, says the Presidency

President Bola Tinubu continues to prioritize rapid development in Nigeria through a series of reforms and by positioning the nation as a premier destination for both continental and global investors.

Mr. Sunday Dare, the president’s special adviser on media and public communications, announced this on Wednesday in a statement released ahead of Tinubu’s appearance at the Africa CEO Forum 2026 in Kigali, Rwanda.

The statement, titled “In Rwanda, Tinubu Pitches the Nigerian Business Case to the Rest of Africa,” describes Kigali as the venue for one of the administration’s most important investor engagements since taking office.

According to Dare, Tinubu’s message to investors is simple: Nigeria remains one of the world’s most lucrative investment locations, where appropriately scaled enterprises can deliver returns that surpass typical market expectations.

He noted that while most global investment models forecast returns of 20 to 25 per cent, Nigeria has consistently outperformed those benchmarks because of its large population, growing demand, and a rapidly evolving reform environment.

Dare highlighted telecommunications giant MTN Nigeria as a case in point, observing that the company’s market growth, subscriber base expansion, and profitability have far exceeded initial projections since its entry into the Nigerian market in 2001.

He added that MTN Nigeria now generates trillions of naira each year and ranks among the most valuable firms listed on the Nigerian Exchange, underscoring the country’s vast commercial and consumer market potential.

The presidential aide also referenced MultiChoice, the operator of DStv, noting that its Nigerian operations have become one of the company’s strongest commercial platforms due to urban growth, rising consumption, and demographic scale.

Dare acknowledged that Nigeria’s challenges are still visible and sometimes overstated, but he insisted that beneath these issues lies one of the world’s deepest consumer markets and one of Africa’s most entrepreneurial populations.

He further pointed out that Nigeria possesses expanding infrastructure opportunities, a growing technology ecosystem, abundant mineral resources, and unmatched demographic energy capable of sustaining industrial and economic growth across the continent.

According to him, the Africa CEO Forum is more than a conference; it serves as a marketplace for investment capital, partnerships, policy direction, and strategic discussions that shape Africa’s economic future and competitiveness.

Dare said that more than 2,000 chief executives, investors, financiers, policymakers, sovereign‑wealth managers, and multinational decision‑makers are expected to attend the Kigali forum to explore Africa’s growth prospects and economic transformation strategies.

He explained that Nigeria intends to keep its economy at the centre of these discussions by presenting ongoing reforms as part of a deliberate strategy to restore macro‑economic credibility and attract sustainable investment.

The reforms listed by the administration include the removal of fuel subsidies, exchange‑rate liberalisation, tax modernisation, infrastructure concessions, power‑sector restructuring, gas commercialisation, and initiatives to expand the digital economy.

Dare stressed that reforms alone are insufficient unless they are effectively communicated to investors who need confidence, clear policy, predictability, decisive leadership, and a stable long‑term economic trajectory.

He noted that, despite the temporary turbulence that reforms can cause, global investors recognise that periods of structural transition often generate the most significant long‑term opportunities for emerging economies.

Dare argued that Nigeria’s youthful population, strategic location, urban expansion, natural resources, and opportunities under the African Continental Free Trade Area position the country for large‑scale industrial and commercial competitiveness.

The presidential aide described Kigali as more than a diplomatic stop; he called it a launch pad for Nigeria’s continental investment outreach and a platform for Tinubu to personally present the nation’s economic proposition.

He recalled Tinubu’s previous engagements in Equatorial Guinea and Tanzania, where the president advanced energy cooperation, infrastructure financing, and regional development discussions as part of broader continental economic diplomacy.

Dare concluded that Nigeria’s message in Kigali will be clear: reforms are ongoing, opportunities are expanding, risks are manageable, and the country remains Africa’s most compelling destination for investment, enterprise, industrialisation, and scalable profitability.

The News Agency of Nigeria (NAN) reports that the 2026 Africa CEO Forum is being held in Kigali, Rwanda, from May 14 to May 15, bringing together over 2,000 top business executives, investors and government leaders. (NAN)

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