• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Monday, June 23, 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
2 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

Union Petitions Tinubu Over Appointment Of ASCON DG

2027: Opposition Coalition Self-serving, Visionless, Baba-Ahmed Slams Promoters

13 minutes ago
CP Vows Police ‘ll Rescue Abducted Bayelsa Judge Unhurt

CP Vows Police ‘ll Rescue Abducted Bayelsa Judge Unhurt

28 minutes 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

Union Petitions Tinubu Over Appointment Of ASCON DG
News

2027: Opposition Coalition Self-serving, Visionless, Baba-Ahmed Slams Promoters

2025/06/23
CP Vows Police ‘ll Rescue Abducted Bayelsa Judge Unhurt
News

CP Vows Police ‘ll Rescue Abducted Bayelsa Judge Unhurt

2025/06/23
Celebrating President Tinubu’s Remarkable Two Years In Office
News

Unless Miracle Happens, INEC Won’t Register ADA, Says Tinubu’s Ex-Aide Baba-Ahmed

2025/06/23
ISWAP Terrorists Kill Police Inspector, 2 Others In Yobe
News

JUST-IN: Gunmen Hijack Benue Links Bus, Abduct Passengers

2025/06/23
US Colleges Relying On Foreign Students Face Threats Amid Trump Visa Crackdown
News

US Colleges Relying On Foreign Students Face Threats Amid Trump Visa Crackdown

2025/06/23
NHFSS Hails Imo CP For Ensuring Peace, Tranquility
News

Group Backs Armed Forest Security Guard Initiative

2025/06/23
Leadership Conference advertisement

LATEST

2027: Opposition Coalition Self-serving, Visionless, Baba-Ahmed Slams Promoters

CP Vows Police ‘ll Rescue Abducted Bayelsa Judge Unhurt

Unless Miracle Happens, INEC Won’t Register ADA, Says Tinubu’s Ex-Aide Baba-Ahmed

Transfer: Galatasaray Issue Ultimatum To Osimhen

NBBF Confirms New Dates For Zenith Bank Women’s B’ball League

FIFA CWC: Ahmed Musa Calls For Urgent Overhaul Of NPFL

CAA 2025: Team Kenya To Storm Nigeria With 45 Athletes

JUST-IN: Gunmen Hijack Benue Links Bus, Abduct Passengers

Israel Launches Fresh Strikes On Tehran, Targets IRGC Headquarters

US Colleges Relying On Foreign Students Face Threats Amid Trump Visa Crackdown

© 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.