By Oluwakemi Kindness
President Bola Tinubu will participate in the 2026 Africa CEO Forum in Kigali, Rwanda, as part of efforts to position Nigeria as a leading destination for continental and global investment.
The disclosure was made on Wednesday by Sunday Dare in a statement titled, “In Rwanda, Tinubu Pitches the Nigerian Business Case to the Rest of Africa.”
According to Dare, the Kigali forum represents one of the administration’s biggest investor engagement platforms since Tinubu assumed office.
Nigeria remains a High-Return Investment Destination
Dare said Tinubu’s message to investors is clear: Nigeria remains one of the world’s most profitable investment destinations with strong potential for large-scale business growth and returns.
He noted that while global investment projections often target returns between 20 and 25 percent, Nigeria has historically outperformed expectations due to its large population, expanding consumer demand, and ongoing economic reforms.
The presidential aide cited MTN Nigeria as an example, saying the telecommunications company recorded massive subscriber growth and profitability after entering Nigeria in 2001.
He added that the company now generates trillions of naira annually and remains one of the most valuable firms listed on the Nigerian Exchange.
Dare also referenced MultiChoice Nigeria, operators of DStv, noting that Nigeria has become one of the company’s strongest commercial markets because of the country’s growing urban population and consumption levels.
Ongoing Economic Reforms
According to Dare, Nigeria intends to present its ongoing economic reforms as part of a deliberate strategy to restore macroeconomic stability and attract sustainable investments.
He listed key reforms undertaken by the administration to include:
• Fuel subsidy removal
• Exchange rate liberalization
• Tax modernization
• Infrastructure concessions
• Power sector reforms
• Gas commercialization
• Digital economy expansion
Dare said the government understands that reforms must also be clearly communicated to investors who seek policy clarity, predictability, and long-term economic direction.
Africa CEO Forum
The presidential aide described the Africa CEO Forum as more than just a conference, calling it a strategic marketplace for investment partnerships, policy direction, and discussions shaping Africa’s economic future.
The forum, scheduled for May 14 to May 15 in Kigali, is expected to attract more than 2,000 chief executives, investors, policymakers, financiers, sovereign wealth managers, and multinational business leaders.
Dare said Nigeria aims to ensure its economy remains central to conversations around Africa’s growth and industrial transformation.
Despite acknowledging short-term challenges linked to reforms, Dare said investors understand that periods of economic transition often create major long-term opportunities.
He noted that Nigeria’s youthful population, strategic location, natural resources, expanding technology ecosystem, and opportunities under the African Continental Free Trade Area place the country in a strong position for industrial and commercial growth.
According to him, Tinubu’s visit to Kigali forms part of Nigeria’s broader continental investment outreach strategy aimed at strengthening regional economic cooperation and attracting foreign capital.
