Nigeria’s subnational governments are set to embark on a global investment drive across London, Dubai, and Abu Dhabi, as part of efforts to attract foreign capital and deepen intra-African trade under the Renewed Hope Agenda of President Bola Tinubu.
The initiative, jointly anchored by Woodhall Capital and the Nigeria Governors’ Forum (NGF), was announced on Friday at the Pre-Investors Forum on Intra-African Trade and Investment held at the Banquet Hall of the Presidential Villa, Abuja.
Held under the theme “Facilitating Intra-African Trade: Unlocking the Potential of African Direct Investments (ADI) and Foreign Direct Investments (FDI) to Drive Trade and Sustainable Growth,”the Pre-Investor Forum spotlighted how Nigeria’s subnational governments can act as anchors for regional economic integration under the African Continental Free Trade Area (AfCFTA).
Delivering her keynote address, the President of Woodhall Capital, Mrs. Mojisola Hunponu-Wusu, said the forthcoming global investment forums were designed to connect Nigerian states directly with financiers, investors, and development partners eager to participate in the country’s next phase of economic transformation.
She said the partnership with the NGF marked “a deliberate and strategic step to reposition Nigeria’s subnational governments as anchors of investment, trade, and development.”
“This forum is not merely a conversation; it is a bridge — connecting policy with capital, Nigeria with the world, and vision with measurable impact,” Hunponu-Wusu stated.
She commended the administration of President Tinubu for the bold economic reforms that have restored investor confidence, citing the liberalisation of the foreign exchange market, unification of exchange rates, and the strengthening of the domestic capital markets as landmark policies driving renewed global interest in Nigeria.
“The liberalisation of the forex market and other macroeconomic reforms are catalytic policies that have redefined Nigeria’s investment landscape and positioned the country as a credible and competitive destination,” she added.
Hunponu-Wusu expressed appreciation to Afreximbank for its “instrumental role” in supporting subnational development, describing the Bank as a “cornerstone of Africa’s economic transformation.”
