• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, August 5, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

FG Woos French Investors With Pro-Business Reforms

by Samson Elijah
4 months ago
in News
Share on WhatsAppShare on FacebookShare on XTelegram

The minister of Information and National Orientation, Mohammed Idris, urged French investors to take advantage of Nigeria’s robust pro-business reforms, highlighting the country’s vast market potential and investor-friendly policies to attract sustainable foreign direct investment.

Advertisement

Speaking at the Nigeria Business Forum in Paris on Thursday, Idris showcased Nigeria’s renewed economic momentum under President Bola Ahmed Tinubu’s administration. The forum, organised by Business France, attracted over 200 French companies and key stakeholders from diverse sectors.

The Minister appreciated longstanding French partners operating in Nigeria—including TotalEnergies, Lafarge, Peugeot, Danone, Alstom, and Schneider Electric—for their contributions to key sectors such as energy, infrastructure, agriculture, healthcare, and manufacturing.

Under President Tinubu’s leadership, Idris said, Nigeria is undergoing an “unprecedented journey of reform” driven by the Renewed Hope Agenda — an eight-point strategic plan to unlock the nation’s vast economic potential.

“These historic reforms are building a more competitive, transparent, and investor-friendly economy, positioning Nigeria as the gateway to Africa’s booming consumer market under the African Continental Free Trade Area (AfCFTA),” he said.

RELATED

Many Injured In Rivers As Fleeing Robbers Crash Into Traders

Gunmen Kill 2 Police Escorts Attached To Ebonyi Majority Leader

22 seconds ago
Shun Instigated Protests, Northern Group Advises Youths

UADD Applauds Sardauna Foundation’s Kaduna Summit, Commends Tinubu

2 minutes ago

Among the key reforms highlighted were the unification and stabilisation of the foreign exchange regime, phasing out fuel subsidies to curb leakages and boost development funding, and implementing cost-reflective electricity tariffs to ensure sustainability. Other reforms include tax restructuring to promote transparency and ease of business, legislative and fiscal policies supporting private-sector-led growth, trade facilitation through the National Single Window, and digital reforms, including immigration and border policy upgrades to streamline trade and mobility.

 

Idris underscored Nigeria’s unique investment appeal: Africa’s largest economy, a population exceeding 220 million — over 70% of whom are under age 35 — and more than 26 years of uninterrupted democratic governance, fostering political stability and institutional continuity.

 

He assured investors of a well-regulated, rule-of-law-based economy supported by strong institutions such as the Central Bank of Nigeria (CBN), the Nigerian Investment Promotion Commission (NIPC), the Securities and Exchange Commission (SEC), and the Federal Competition and Consumer Protection Commission (FCCPC).

 

The Minister noted that, in just 20 months, the Tinubu administration has reversed Nigeria’s fiscal trajectory, recording 3.84% GDP growth in Q1 2024, boosting revenues by over 20% and significantly reducing the proportion of revenue spent on debt servicing.

 

“The government is acting as a catalyst for private sector growth through strategic initiatives like the Renewed Hope Infrastructure Development Fund (RHIDF), the Nigerian Consumer Credit Corporation (CrediCorp), the Presidential CNG Initiative, the MOFI Real Estate Investment Fund (MREIF), and several others,” he added.

 

“These initiatives are laying the foundation for mobilising trillions of naira in private sector investments across infrastructure, consumer credit, healthcare, real estate, and beyond.”

 

He also highlighted the growing expansion of Nigerian banks into Europe — including opening new offices in Paris — and projected an increased Nigerian presence in France across creative industries, media, and technology.

 

Idris invited French companies, particularly agribusiness, to explore opportunities in Nigeria’s livestock sector, where the newly established Ministry for Livestock Development presents fresh avenues for partnership. Citing Danone’s global leadership in dairy products, he noted the potential for deeper engagement.

 

Reaffirming Nigeria’s unwavering reform agenda, Idris echoed President Tinubu’s message during his 2024 visit to France: “We must brace up for the future with commitment and optimism, and with the courage of our founding fathers.”

 

While in Paris, the Minister will also hold bilateral meetings with leading French media and cultural institutions, including France Médias Monde, the French Regulatory Authority for Audiovisual and Digital Communication (ARCOM), the Ministry of Culture, and Thomson Broadcast — as part of broader efforts to strengthen Nigeria-France cooperation in the information and broadcast sectors.

 

 

 

 


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel




Tags: Mohammed Idris
SendShareTweetShare
Previous Post

Information Minister Did Not Dismiss Zulum’s Security Concerns – Aide

Next Post

Court Affirms State Govt’s Power To Demolish Property Without Permit

Samson Elijah

Samson Elijah

You May Like

Many Injured In Rivers As Fleeing Robbers Crash Into Traders
News

Gunmen Kill 2 Police Escorts Attached To Ebonyi Majority Leader

2025/08/05
Shun Instigated Protests, Northern Group Advises Youths
News

UADD Applauds Sardauna Foundation’s Kaduna Summit, Commends Tinubu

2025/08/05
Plateau Killings: Governor Mutfwang Declares 7-day Mourning
News

Plateau Muslims Affirm Support For Mutfwang’s Leadership

2025/08/05
Governor Sani Unveils N458bn 2024 Budget
News

Gov Sani Effects Minor Cabinet Reshuffle

2025/08/05
Senator Salisu Felicitates ‘Iya Sunnah’ Of Egbaland, Kolapo, On Birthday
News

Senator Salisu Felicitates ‘Iya Sunnah’ Of Egbaland, Kolapo, On Birthday

2025/08/05
Education

Stakeholders Hail Tinubu’s Choice Of Aisha Garba As UBEC Boss

2025/08/05
Leadership Conference advertisement

LATEST

The Papyrus Global Set To Honour Outstanding State Lawmakers

Gunmen Kill 2 Police Escorts Attached To Ebonyi Majority Leader

UADD Applauds Sardauna Foundation’s Kaduna Summit, Commends Tinubu

Plateau Muslims Affirm Support For Mutfwang’s Leadership

Gov Sani Effects Minor Cabinet Reshuffle

Senator Salisu Felicitates ‘Iya Sunnah’ Of Egbaland, Kolapo, On Birthday

Stakeholders Hail Tinubu’s Choice Of Aisha Garba As UBEC Boss

Buratai Academy Wins Zaman Lafiya Competition

Oduntan’s Wife For Burial Wednesday, Thursday

NGO Empowers Kaduna Poly Students With Skills

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.