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Reno Omokri highlights Nigeria’s growing investment appeal under Tinubu

Reno Omokri, Nigeria’s ambassador-designate to Mexico, on Thursday urged local and foreign investors to take advantage of what he described as improving economic conditions in the country under President Bola Tinubu.

He cited recent reports by international institutions and rating agencies indicating stronger growth and investment prospects.

In a post on X, Omokri said foreign direct investment inflows reached an 11-year high in 2025, rising to $4 billion from $1.61 billion a year earlier, while the country had recorded twelve consecutive quarters of GDP growth and trade surpluses.

He added that Nigeria’s external reserves had climbed to a 17-year high of $51.04 billion and noted projections by the International Monetary Fund and the World Bank that the economy would expand by about four per cent in 2026.

“Foreign Direct Investment inflow into Nigeria hit an 11-year high in 2025,” Omokri wrote, adding that the increase demonstrated that “every capitalist seeking a stable environment for their holdings should prioritise the Nigerian economy.”

The former presidential aide further highlighted reports indicating that Nigeria now possesses Africa’s second-largest manufacturing base and that the naira ranked among the continent’s best-performing currencies in the first quarter of 2026.

He also pointed to assessments by international organisations and media outlets crediting the Tinubu administration’s reforms with boosting consumer demand, moderating inflation and accelerating infrastructure development across the country.

According to him, ongoing projects, including the Lagos–Calabar Coastal Highway and the Sokoto–Badagry Superhighway, are reducing logistics costs and enhancing the nation’s appeal to investors.

Omokri also cited the recent decision by S&P Global Ratings to include Nigeria among its frontier markets for 2027 as further evidence of the country’s growing attractiveness to foreign capital.

“So come on, bring your money to Nigeria,” he wrote, describing the country as “a prime investment destination” under President Tinubu’s leadership and noting the substantial rise in the market capitalisation of the Nigerian stock market in recent years.

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