Nigeria positioned as Africa’s leading investment destination- FG

Abdullateef Fowewe

At the France-Nigeria Business Forum in Paris, Minister of Finance and Coordinating Minister of the Economy of Nigeria, Wale Edun declared Nigeria as Africa’s leading investment hub.

According to the remark shared on Sunday on the official X (formally Twitter) account of the Ministry of Finance, Edun while addressing an audience of French and Nigerian business leaders highlighted key sectors for investment, including agriculture, renewable energy, and technology, while promoting government incentives like tax holidays and Special Economic Zones (SEZs) to attract foreign investors.

It reads, “HM Wale Edun has positioned Nigeria as Africa’s leading investment destination at the France-Nigeria Business Forum, hosted by the Movement of French Enterprises (MEDEF) in Paris.

“Addressing an audience of French and Nigerian business leaders, policymakers, and investors, HM Edun outlined priority sectors for investment, including agriculture, renewable energy, infrastructure, technology, and the creative industries, while highlighting government initiatives such as tax holidays, duty waivers, and the development of Special Economic Zones (SEZs). He also reiterated Nigeria’s focus on strengthening regulatory frameworks to support foreign and local investments.

“The France-Nigeria Business Forum provided a platform to deepen economic ties between the two nations, with Nigeria demonstrating its readiness to attract investment and foster international partnerships.”