Tinubu Vows Nigeria is Ready to Partner with Credible Global Investors, Targets Large-Scale Investments in Oil, Gas, and Critical Infrastructure

President Bola Tinubu has intensified his administration’s push for foreign and diaspora investment, announcing that Nigeria is fully prepared to partner with credible global investors to unlock major economic opportunities, particularly in the oil, gas, and infrastructure sectors.

The President’s statement followed a high-profile meeting in Lagos with two globally renowned Nigerian investment leaders, Hakeem Belo-Osagie of Metis Capital and Bayo Ogunlesi of Global Infrastructure Partners and BlackRock. Discussions focused on developing urgent strategies to drive long-term economic growth through large-scale capital injection.

“We agreed on the urgency of unlocking large-scale investments in upstream oil & gas and critical infrastructure to drive Nigeria’s long-term growth,” the President stated. He emphasized that the administration is eager to work with reputable investors, including “our sons of the soil and Nigerians in the diaspora,” to deliver energy security and modern infrastructure across Africa.

Tinubu affirmed that the sweeping economic reforms undertaken since he assumed office including the removal of the fuel subsidy and the unification of exchange rates are fundamentally about creating a better enabling environment for private capital. He reiterated his determination to solidify Nigeria’s position as Africa’s premier investment destination, opening “new frontiers for sustainable financing, global capital, and transformative projects.” The move is seen as a strategic effort to address the nation’s huge infrastructure deficit and years of underinvestment in the oil and gas sector.