Federal Capital Territory Woos Asian Investors With Stable Policies

Minister of State for the Federal Capital Territory (FCT), Mariya Mahmoud, has urged investors to capitalise on the stable policies, modern infrastructure, and the safe, well-planned environment in the FCT to expand their investments in Africa.

In a statement signed by the special assistant on Media to the FCT minister of State, Austine Elemue, the minister, who made the call while speaking at the 2025 Nigeria–Hong Kong–China Business Summit held at the Hong Kong International Conference Centre, said that the business climate in Abuja remained conducive for enterprise growth.

Mahmoud reaffirmed the FCT Administration’s commitment, under the leadership of Nyesom Wike, to fostering a business-friendly ecosystem that attracts investments in manufacturing, logistics, and innovation.

She commended the summit’s organisers for crafting a unique platform that bridges continents by linking ideas, investors, policymakers, and innovators.

While highlighting the summit’s theme, “Tapping Nigeria’s Potential: Strategies for Becoming a Leading Manufacturing and Industrial Hub of Africa, The Natural Resources Supply Chain,” Mahmoud underscored Nigeria’s ambitious pivot from a resource-dependent economy towards one driven by production, exports, and value addition.

“Nigeria possesses abundant natural endowments, strategic geography, and a vibrant, entrepreneurial population.

“What is needed now are robust international partnerships to enhance technology transfer, infrastructure growth, and industrial integration along our natural resources supply chain,” she said.

She also applauded the Nigeria of the Year Awards for recognising exemplary Nigerians who have championed excellence in business, governance, and innovation, inspiring confidence in Nigeria’s boundless potential.

Mahmoud expressed hope that the engagements would yield tangible partnerships, strengthen Nigeria-Asia relations, catalyse industrial development, and promote sustainable prosperity.