Connect with us

National News

Nigeria, UAE to co-host joint investment forum in Lagos – Tinubu

Published

on

President Bola Tinubu has announced that Nigeria will co-host the global investment forum, Investopia, with the United Arab Emirates in Lagos this February as part of efforts to attract international investors and boost sustainable capital inflows into the country.

Tinubu made the disclosure on Tuesday at the 2026 Abu Dhabi Sustainability Week.

He said the Lagos event will serve as a platform to showcase Nigeria’s economic opportunities to the world and strengthen the country’s position as a key investment destination in Africa.

The president spoke on the sidelines of Nigeria’s conclusion of a Comprehensive Economic Partnership Agreement with the UAE, which is expected to deepen trade, investment and economic cooperation between both countries.

According to Tinubu, hosting Investopia in Lagos reflects Nigeria’s commitment to creating an investor-friendly environment and building partnerships that can drive growth, innovation and sustainable development.

He added that the partnership with the UAE will help open new doors for foreign capital, technology and expertise to flow into the Nigerian economy.

This is contained in a statement issued by Presidential spokesperson, Mr Bayo Onanuga, on Tuesday in Abu Dhabi.

The CEPA is aimed at deepening cooperation in renewable energy, infrastructure, logistics and digital trade.

Those present at the signing included Tinubu, UAE President Mohammed bin Zayed Al Nahyan and Nigeria’s Trade Minister, Dr Jumoke Oduwole.

Also present was the UAE Minister of Foreign Trade, Dr Thani bin Ahmed Al Zeyoudi.

Tinubu described the CEPA as a historic and strategic agreement with broad benefits for both countries.

He said it would strengthen cooperation in aviation, logistics, agriculture and climate-smart infrastructure.

The president said Investopia would convene investors, innovators, policymakers and business leaders in Lagos.

He said the platform would convert opportunities into commitments and ideas into concrete investments.

“We warmly invite our partners to help build sustainable and shared prosperity for Nigeria, Africa and the world,” Tinubu said.

He said Nigeria aims to mobilise up to 30 billion dollars annually in climate and green industrial finance.

Tinubu noted that electricity remains the foundation of every modern economy, highlighting efforts to balance industrialisation with decarbonisation as a Global South economy.

The president called for reforms in global finance to ease access for developing countries, while urging a shift from sovereign guarantees to blended finance and first-loss capital mechanisms.

Tinubu said Nigeria has strengthened climate governance through a National Carbon Market Activation Policy, adding that a National Carbon Registry was launched to enhance transparency and investor confidence.

The president said the Electricity Act 2023 supports decentralised power generation for underserved communities, stressing that Nigeria recently launched a 500-million-dollar renewable energy fund backed by the NSIA.

Tinubu added that a 750-million-dollar World Bank programme would expand clean power access to 17.5 million Nigerians.

He reaffirmed Nigeria’s commitment to net-zero emissions by 2060 under its Energy Transition Plan.

The president invited investors to Nigeria’s lithium and critical minerals sector, with emphasis on local value addition.

He said ongoing reforms have delivered a 21 per cent growth in non-oil exports.

He said Nigeria now has over 50 billion dollars in investment commitments across key sectors.

”We are ready to work with partners across the world to ensure that the next era of development is not only green and inclusive, but just and enduring,” Tinubu said.

Join Very Nigerian WhatsApp Channel
For Verified Breaking News, Exclusive Reports, Trending Stories, And Real-time Updates.
CLICk HERE TO JOIN!
WhatsApp

Pearl Essien is a digital content creator and a graduate of the prestigious University of Calabar. With over four years of experience in writing, she specializes in crafting engaging stories that inform and inspire readers. Outside of her work, Pearl enjoys storytelling, reading, and playing table tennis, bringing the same curiosity and passion to her hobbies as she does to her writing.

Advertisement Follow Us on Google Discover
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Metro27 minutes ago

Unknown gunmen abduct COCIN Pastor’s wife, three children in Borno

Politics37 minutes ago

2027: APC commences candidate upload on INEC portal

Metro47 minutes ago

Choirmaster gets 25-year jail term for assaulting teen member during ‘church deliverance’

Special Features1 hour ago

10 things to know about Oyinkansola Badejo-Okusanya, new NBA President

News7 hours ago

BREAKING: Oyinkansola Badejo-Okusanya elected 33rd NBA President

Sports18 hours ago

Mbappé makes history, Saka nets hat-trick as England clinch World Cup bronze with thrilling 6-4 victory over France

Politics20 hours ago

Gombe 2027: PDP aspirant withdraws court case, backs Pantami

News20 hours ago

Arabic Education should be integrated into national curriculum – Gov. Bala Mohammed

Politics23 hours ago

Obi/Kwankwaso ticket cannot win 2027 elections, NDC lone senator, Hanga says as he plots defection to APC

News1 day ago

UNICAL moves to curb exam fraud, sacks eight staff, penalizes one

News1 day ago

TCN announces power blackout in Yobe, Bauchi, Gombe, three other Northern states

News1 day ago

Police nab eight suspected cultists over alleged assault on Bayelsa Varsity student

Entertainment1 day ago

Tems makes history as first African female artist with US Diamond-certified single

Politics1 day ago

Imo now one-party state, our people have decided to re-elect Tinubu in 2027, Says Uzodimma

Metro1 day ago

Court sentences two men to death by hanging for raping, murdering 17-year-old girl in Anambra

Politics1 day ago

APC crisis deepens as Aiyedatiwa’s loyalists sue party, INEC over Ondo primaries

News1 day ago

TCN announces power blackout in Yobe, Bauchi, Gombe, three other Northern states

Metro1 day ago

Court sentences two men to death by hanging for raping, murdering 17-year-old girl in Anambra

Sports18 hours ago

Mbappé makes history, Saka nets hat-trick as England clinch World Cup bronze with thrilling 6-4 victory over France

Politics1 day ago

Imo now one-party state, our people have decided to re-elect Tinubu in 2027, Says Uzodimma

Politics23 hours ago

Obi/Kwankwaso ticket cannot win 2027 elections, NDC lone senator, Hanga says as he plots defection to APC

Politics2 days ago

Court dismisses suit seeking INEC recognition of Turaki-led PDP interim NWC

News20 hours ago

Arabic Education should be integrated into national curriculum – Gov. Bala Mohammed

Politics2 days ago

Kano Senator Rufa’i Hanga meets Gov Yusuf, finalizes move to join APC

Politics2 days ago

My husband suffering political prosecution – El-Rufai’s wife Asia reports husband’s detention to international community

Politics2 days ago

Kebbi 2027: ADC Guber candidate Abubakar Malami names Musa Zagi as running mate

Sports1 day ago

Trump criticises Tuchel’s tactics after England’s World Cup exit to Argentina

News7 hours ago

BREAKING: Oyinkansola Badejo-Okusanya elected 33rd NBA President

News1 day ago

NUJ FCT Chairman Grace Ike wins Beacon of Education Award, pledges support for children with special needs

News1 day ago

NBA Presidential Poll: Badejo-Okusanya leads as voting continues after cyberattack delay