In a bold and strategic move to accelerate Nigeria’s economic recovery and long-term development, government officials are actively engaging international investors, particularly from China, to support the nation’s industrial expansion. Speaking during a six-day trade engagement with Chinese investors in Abuja, prominent economic stakeholder and the CEO of Alfonso Group, Amb. Dr. Adebayo John Alfonso emphasized the urgent need for global partnerships to complement President Bola Ahmed Tinubu’s economic revitalization agenda.
“We are bringing in investors to help us boost our country’s economy,” Alfonso stated. “We are committed to building a nation founded on industrial strength and sustainable development. Nigeria has no choice but to grow—we must rise to meet the challenges before us, and we’re doing that through smart partnerships and forward-thinking initiatives.”
The trade event, which attracted delegations from various sectors including manufacturing, energy, technology, and infrastructure, was organized as part of ongoing efforts to strengthen bilateral economic relations between Nigeria and China. Alfonso noted that these collaborations are not merely symbolic but are rooted in tangible action that will lead to job creation, infrastructure expansion, and technology transfer.
“Our vision is clear,” Alfonso continued. “We are not only rebuilding the economy; we are laying the foundation for a new industrial Nigeria. This requires the active involvement of international partners who share our goals and can bring in capital, innovation, and expertise. These partnerships directly support the Renewed Hope Agenda championed by President Tinubu, aimed at repositioning Nigeria as an economic powerhouse on the African continent.”
Alfonso expressed optimism that the trade talks would lead to several key investment agreements across critical sectors, and highlighted the importance of policy support, infrastructure development, and local capacity building to ensure the success of these ventures.
The Six-Day Trade Nations event marks another milestone in Nigeria’s evolving investment landscape and underscores the government’s commitment to creating a conducive environment for foreign direct investment. With a focus on industrialization, energy, and innovation, Nigeria is positioning itself as a strategic hub for global investors seeking growth opportunities in Africa.
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