The Federal Capital Territory (FCT) Minister, Nyesom Wike, has urged investors to explore strategic partnerships in Abuja, highlighting opportunities in agriculture, healthcare, tourism, construction, mining, and renewable energy. This call coincides with remarks from Charles Soludo, former Governor of the Central Bank of Nigeria and Anambra State, advocating for investment in made-in-Nigeria products to boost the economy.
Both leaders spoke at the inaugural Abuja Business and Investment Summit, themed “Optimising Investments through Partnership,” held at the Yar’Adua Centre in Abuja on Wednesday.
Wike announced that his administration plans to launch nine major projects next week to enhance investment opportunities in the FCT. He emphasized the potential of Abuja, stating that his government is committed to creating an enabling environment for investors by focusing on infrastructure development and utility provision.
“Abuja is not just Nigeria’s political capital; it is a hub of opportunities waiting to be tapped. Our strategic location, growing population, and unique advantages make it fertile ground for investment across various sectors, including real estate, technology, agriculture, healthcare, tourism, construction, mining, and renewable energy,” Wike explained.
He added, “The FCT Administration has taken significant steps to facilitate investment by improving roads, transportation networks, and utilities for seamless connectivity. We are ready to flag off nine major projects next week that will further enhance investment opportunities.”
Wike reassured investors, saying, “The FCT is open for business. We have streamlined our processes to make it easier for investors to establish and operate here. I invite you to explore the myriad of investment opportunities in the FCT, whether in real estate development, technology incubation, or agro-business.”
In his keynote address, Soludo emphasized the importance of supporting local products: “The most effective way to promote massive investments in all sectors in Nigeria is to buy, eat, drive, and use made-in-Nigeria products. I drove to this conference in an Innoson vehicle made in Anambra State and wore Akwete fabric made by women in Abia. This is my expression of nationalism.”
He highlighted that promoting local products is crucial for job creation and economic sustainability. “Education is a sustainable investment that secures our collective future. Empowering our people is essential for safeguarding our investments,” he noted.
Maureen Tamuno, Group Managing Director of the Abuja Investment Company Limited, welcomed participants and emphasized that the summit aims to promote investment opportunities in the FCT while facilitating networking among investors locally and internationally.
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