The Presidential Foreign Intervention Promotion Council (PFIPC) has announced plans to attract $5 trillion in foreign direct investment (FDI) through Nigeria's hosting of the World Investment Summit 2026.
The global event, themed "Unlocking Capital Accelerating Development Driving Prosperity," will take place in Abuja in April 2026 and is expected to bring together over 80 Heads of State, 96 Ministers, 800 speakers, and 8,000 participants from around the world.
According to the Director-General of PFIPC, Adeniyi Matthew, the summit aims to position Nigeria as a leading destination for international partnerships and long-term capital inflows. He said the initiative will serve as a platform for global investors to connect with emerging opportunities in Nigeria's key growth sectors.
Read also,
The Council noted that while attracting foreign investment remains vital, empowering local businesses—especially small and medium-sized enterprises (SMEs)—is equally essential to achieving sustainable development.
The PFIPC stated that supporting SMEs will create a stable and inclusive economic base that encourages both domestic and foreign investors, helping Nigeria strengthen its productive capacity and achieve lasting prosperity.
The World Investment Summit 2026 is part of the Federal Government's broader economic agenda to expand access to funding, create jobs, and accelerate industrial growth across all sectors of the economy.
No comments:
Post a Comment