The federal government of Nigeria has said that the country will host a World Investment Summit (WIS) next year, a responsibility it estimates could earn the country up to $5 trillion in foreign direct investment (FDI).
The nation’s capital city will host this event in April 2026, which will convene up to 80 heads of state and government, 96 ministers, 800 speakers, and 8,000 participants globally, for discussions centred on “Unlocking Capital, Accelerating Development, Driving Prosperity.”
Officials say it will “promote investment opportunities, strengthen global partnerships, and shape policies that drive inclusive growth.”
Prince Adeniyi Adeyemi, the director-general of the Presidential Foreign Intervention Promotion Council (PFIPC), a body established by Bola Tinubu, Nigeria’s President, to advance the nation’s global economic interests, said that Nigeria’s potential and “global opportunity” make it the “perfect host” at a pre-summit dinner held in Abuja.
With a youthful population and access to a $3 trillion market under the African Continental Free Trade Area (AfCFTA), they say Nigeria presents a compelling case for global investors across diverse sectors, from energy, technology, and manufacturing to infrastructure, agriculture, and creative industries.
But the PFIPC reckoned strengthening local enterprises, particularly small and medium-sized businesses (SMEs), remains equally critical as foreign investment.
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“Strong local enterprises create a stable environment that benefits both communities and international investors,” the council noted.
But synergy is equally relevant. “To all MDAs, especially those with overlapping functions, let us complement one another because we are all working for the same government and towards the same goals. United we stand, divided we fall, and we must not fall.”
He further acknowledged the contribution of the diplomatic community and development partners, describing their collaboration as “the spirit of cooperation that binds us.”
