‘Nigeria To Get $500bn Investment Commitments, Others At WIS Abuja 2026’

Nigeria is expected to secure over $500 billion in investment pledges, Memoranda of Understanding (MoUs), and other benefits at the 2026 World Investment Summit (WIS) Abuja, scheduled to take place from June 24 to 26.

The event, powered by the World Investment Summit Group, is also expected to culminate in the launch of a World Investment Platform, the establishment of a World Investment Bank with headquarters in Nigeria, and a World Investment & Innovation Hub in Abuja, alongside about 200 public-private partnership deals in priority sectors.

Director-General and Convener-General of WIS, Adeniyi Adeyemi Matthew, disclosed this at a press conference in Abuja on Wednesday, stating that under the leadership of President Bola Ahmed Tinubu, Nigeria is undergoing a bold transformation driven by the Renewed Hope Agenda.

Adeniyi said the administration has taken courageous and necessary steps to reposition the Nigerian economy, anchored on discipline, reform, and long-term sustainability—delivering renewed hope for businesses, investors, and citizens.

He acknowledged the Tinubu administration’s comprehensive fiscal and monetary reforms, including efforts to restore macroeconomic stability, exchange rate unification to enhance transparency and investor confidence, the removal of fuel subsidies to free up critical resources for national development, and increased investment in infrastructure across energy, transport, and digital sectors.

Adeniyi explained that the summit is a high-level international platform designed to bring together key stakeholders from government, industry, finance, and development sectors to discuss and promote investment opportunities globally, with a particular focus on Nigeria.

“The summit aims to facilitate strategic partnerships, showcase emerging markets, and promote policy dialogue to drive sustainable economic development.

“The summit will devise strategies and solutions to facilitate multi-stakeholder action addressing global investment and development challenges.

“The summit offers participants a unique opportunity to influence investment-related policymaking, shape the global investment landscape, and network with global leaders in business and politics,” he said.

According to him, the summit is expected to attract foreign investors, leading to increased investment inflows, job creation, and economic growth, thereby improving Nigeria’s overall economic performance.

“The summit provides a platform for knowledge sharing, allowing participants to learn from each other’s experiences and best practices. It will also offer networking opportunities, facilitating connections between investors, policymakers, and industry leaders.

“The summit will lead to partnerships and collaborations between investors, businesses, and governments. Hosting a successful summit will enhance the country’s reputation as a hub for investment and business.

“The summit will increase Nigeria’s visibility, attracting attention from investors, businesses, and tourists, and will demonstrate the country’s commitment to creating a favourable business environment,” he added.

Adeniyi further noted that, in line with President Tinubu’s drive to attract foreign direct investment, the summit, in collaboration with the Nigerian Exchange Group and the Securities and Exchange Commission Nigeria, plans a strategic international investment engagement.

“The President’s ambition to build a $1 trillion economy by 2030 is anchored on Nigeria’s immense potential, abundant resources, and the urgent need to accelerate economic development to meet the aspirations of its growing population.

“Hosting WIS 2026 in Nigeria is strategic. As Africa’s largest economy, a key player in AfCFTA, and an emerging market hub, Nigeria provides both the symbolism and practicality needed to position developing economies at the heart of global investment flows.

“Nigeria will not only unlock billions in new investments but also cement its position as Africa’s investment hub, align itself with the global Sustainable Development Goals (SDGs), and ensure sustainable and inclusive growth that benefits both present and future generations,” he said.

In separate remarks, members of the team, Dr. Sterling Elis and Uche Odozo, Managing Director of Diplomatic Village, commended the Tinubu administration’s reforms and called for continuity.

“We have the natural resources and the capacity to attract foreign direct investment. We can grow our economy, and this is the first time we have been able to do so. So, let us give Mr President the opportunity to enable us realise our potential,” Elis said.