FDIs: Nigeria, UAE seal pact to co-host Investopia February in Lagos –Tinubu

*President Bola Ahmed Tinubu announces Nigeria and the United Arab Emirates have sealed a trade pact to co-host Investopedia February, in Lagos, to further attract global investors and accelerate sustainable foreign investment inflows into the West African country

Gbenga Kayode | ConsumerConnect

As part of continued efforts at attracting global investors while accelerating sustainable investment inflows, Nigeria and the United Arab Emirates (UAE) have sealed a trade pact to co-host Investopedia February 2026.

ConsumerConnect reports President Bola Ahmed Tinubu, who announced this development Tuesday, January 12, said Nigeria would co-host the event with the UAE next month in Lagos.

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Tinubu made the announcement at the 2026 Abu Dhabi Sustainability Week (ADSW), on the sidelines of which Nigeria also concluded a Comprehensive Economic Partnership Agreement (CEPA) with the Arabian country to deepen trade and cooperation in renewable energy, infrastructure, logistics, and digital trade.

In attendance at the signing of the agreement are President Tinubu, Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates; Dr. Jumoke Oduwole, Nigeria’s Honourable Minister for Industry, Trade and Investment; and her counterpart, Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade and Minister in charge of Talent Attraction and Retention.

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Speaking at the ceremony, the Federal Government noted President Tinubu described CEPA as a historic and strategic agreement that would also enhance cooperation in aviation, logistics, agriculture, and climate-smart infrastructure.

The Nigerian leader highlighted that the bilateral deal would create enduring opportunities for the people of the two countries.

The President equally stated that Investopia would attract investors, innovators, policymakers, and business leaders to transform opportunities into commitment and ideas into investment.

Mr. Bayo Onanuga, Special Adviser to the President on Information and Strategy, Tuesday also stated President Tinubu said: ”We warmly invite our partners to join us and help build the next chapter of sustainable and shared prosperity for Nigeria, Africa, and the world.”

Nigeria to mobilise $30bn annually in climate, green industrial finance: President

The statement noted the President told the Summit that Nigeria aims to mobilise up to $30 billion annually in climate and green industrial finance as it accelerates energy transition reforms and expands nationwide electricity access.

Tinubu also said: ”The foundation of every modern economy is electricity.

“As an emerging economy in the Global South, we understand the delicate balance between industrialisation and decarbonisation, ensuring neither is pursued at the expense of the other.”

He further explained: ”We are calling for a fundamental shift in the global financial architecture: a move away from the restrictive requirement of sovereign guarantees, which unfairly penalise developing economies.

”Instead, the focus should be on blended finance and first-loss capital mechanisms that allow private sustainable capital flows directly into our green projects without further straining national balance sheets.”

The Nigerian President as well stated that the country has strengthened its climate governance framework with the adoption of a National Carbon Market Activation Policy and the launch of a National Carbon Registry.

These measures, he stated, are aimed at improving transparency and investor confidence.

Tinubu highlighted the Electricity Act 2023 as a central pillar of Nigeria’s energy reforms, noting that it enables decentralised power generation and distribution to underserved communities.

According to him, Nigeria’s climate investment drive includes a $500 million distributed renewable energy fund backed by the Nigeria Sovereign Investment Authority (NSIA), and a $750 million World Bank programme expected to expand clean electricity access to more than 17.5 million people.

The President reaffirmed to the global audience of Nigeria’s target of net-zero emissions by 2060, under its Energy Transition Plan, while pursuing industrial growth and universal energy access.

President Tinubu, therefore, invited foreign investors to partner with Nigeria on the lithium and critical minerals sector.

He emphasised that the Federal Government prioritises local processing and value addition in the minerals sector.

Besides, Nigeria’s ongoing economic reforms are producing tangible results, including a 21 percent growth in non-oil exports, said he.

Tinubu equally stated: ”These reforms, alongside wider fiscal and monetary measures, are delivering results.

“Non-oil exports have grown by 21 percent, supported by a more diversified product base.”

The President averred: “Capital importation has risen, and Nigeria now has over 50 billion Dollars in investment commitments across key sectors.

”We are ready to work with partners across the world to ensure that the next era of development is not only green and inclusive, but just and enduring.”

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