• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Wednesday, August 13, 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

Minister Woos French Investors With Nigeria’s Pro-Business Reforms

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

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

Advertisement

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

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

Under President Tinubu’s leadership, Idris said Nigeria was undergoing an “unprecedented journey of reform”, driven by the Renewed Hope Agenda — an eight-point strategic plan aimed at unlocking 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

Rising Star RNZO Announces Debut Single ‘Temilade’

Rising Star RNZO Announces Debut Single ‘Temilade’

54 minutes ago
OOPL Demands Apology, N3.5bn Over Invasion Of Premises By EFCC Operatives

OOPL Demands Apology, N3.5bn Over Invasion Of Premises By EFCC Operatives

2 hours ago

Among the key reforms highlighted were the unification and stabilisation of the foreign exchange regime; phasing out of fuel subsidies to curb leakages and boost development funding; and implementation of cost-reflective electricity tariffs to ensure sustainability. Other reforms include tax restructuring to promote transparency and ease of doing 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 the age of 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 mobilizing 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 the opening of new offices in Paris — and projected an increased Nigerian presence in France across creative industries, media, and technology.

Idris invited French companies, particularly in 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 in that space.

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: FrenchMohammed Idris
SendShareTweetShare
Previous Post

NERC Fines 8 DisCos N628.03m For Overbilling Unmetered Customers

Next Post

Labour Party Needs A Northerner As National Chairman, Says Ex-Presidential Aspirant

Samson Elijah

Samson Elijah

You May Like

Rising Star RNZO Announces Debut Single ‘Temilade’
Entertainment

Rising Star RNZO Announces Debut Single ‘Temilade’

2025/08/13
OOPL Demands Apology, N3.5bn Over Invasion Of Premises By EFCC Operatives
News

OOPL Demands Apology, N3.5bn Over Invasion Of Premises By EFCC Operatives

2025/08/13
Tinubu Appoints Louis Odion As FCCPC Executive Commissioner
News

Tinubu Appoints Louis Odion As FCCPC Executive Commissioner

2025/08/13
BREAKING: Court Discharges Ibom Air Passenger Comfort, Released From Prison
News

Stripped Ibom Air Passenger, Comfort Emmason Breaks Silence After Release From Prison

2025/08/13
Rivers Indigenes Sue Tinubu, Sole Administrator, RSIEC Over LG Polls
News

Tinubu Reappoints Yelwa As N-HYPPADEC CEO

2025/08/13
ICHC, Itsekiri Rep Disagree On PAP’s Performance
News

ICHC, Itsekiri Rep Disagree On PAP’s Performance

2025/08/13
Leadership Conference advertisement

LATEST

Rising Star RNZO Announces Debut Single ‘Temilade’

OOPL Demands Apology, N3.5bn Over Invasion Of Premises By EFCC Operatives

Tinubu Appoints Louis Odion As FCCPC Executive Commissioner

Stripped Ibom Air Passenger, Comfort Emmason Breaks Silence After Release From Prison

Tinubu Reappoints Yelwa As N-HYPPADEC CEO

ICHC, Itsekiri Rep Disagree On PAP’s Performance

‘KWAM 1’s Airport Ambassador Role Community Service For Misconduct’, Says Keyamo

Tinubu Heads To Japan For TICAD9, Brazil For State Visit

Kano Assembly Suspends Rano LG Chair Over Alleged Misconduct

Keffi Jail Break: Gov Sule Decries Congestion, Provides Mattresses To Inmates

© 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.