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Abuja Investment Company Targets Fresh Capital Inflows

LEADERSHIP News by LEADERSHIP News
6 seconds ago
in Business
Abuja Investments Company
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The Abuja Investment Company Limited (AICL) has announced plans for the 2026 Abuja Business and Investment Summit (ABIS 3.0), with the aim of attracting fresh investments, strengthening public-private partnerships and driving economic growth in the Federal Capital Territory (FCT).

Speaking at a press conference in Abuja yesterday, AICL group managing director and chief executive officer, Ambassador Maureen Tamuno, said the three-day summit will hold at the Bola Ahmed Tinubu International Conference Centre under the theme, “Building Nigeria’s Capital: Investment as a Catalyst for Economic Growth.”

Tamuno said the summit is intended to position Abuja as a leading investment destination by connecting investors with business opportunities, promoting enterprise development and fostering collaboration between government and the private sector.

She said the initiative aligns with the infrastructure development agenda of FCT Minister Nyesom Wike and President Bola Tinubu’s Renewed Hope Agenda aimed at improving Nigeria’s competitiveness as an investment destination.

According to her, Abuja has recorded significant infrastructure development and growing investor confidence, citing the 2025 Presidential Enabling Business Environment Council (PEBEC) Subnational Ease of Doing Business Report, which ranked the FCT fourth among Nigeria’s 37 subnational entities.

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Tamuno said one of the major highlights of the summit would be the signing of several strategic Memoranda of Understanding (MoUs) focused on investment promotion, digital payment systems, tax compliance awareness, small and medium enterprises (SMEs), revenue generation and market expansion.

She, however, declined to disclose the identities of the participating institutions ahead of the event, saying the agreements would be unveiled during the summit.

Tamuno said the summit is expected to attract local and international investors, diplomats, development partners, corporate executives, entrepreneurs, researchers, exhibitors, women-led businesses, youth innovators and policymakers.

She also highlighted investment opportunities in the FCT, including the proposed Abuja Film Village, renewable energy projects, compressed natural gas (CNG), electric-vehicle investments, and public-private partnerships in the hospitality sector.

According to her, the Abuja Film Village project has the potential to position the capital as a hub for Nigeria’s creative industry while generating employment across multiple value chains.

Also speaking, AICL chief investment officer, Abiodun Akanbi, said the company’s entrepreneurship intervention programme has helped beneficiaries expand their businesses and create jobs through grants, mentorship and investor linkages.

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