The Nigerian government has outlined its achievements in trade and investment over the past 100 days, starting from November 2025.
Minister of Trade and Investment, Jumoke Oduwole made during a ministerial press briefing this announcement, on Tuesday., where key officials highlighted significant progress and initiatives aimed at boosting the country’s economic growth.
Our work in the ministry since November—we are working with the CBN on the implementation of AfCFTA and other initiatives. We are very strategic in prioritizing exports and AfCFTA,” she said.
“We are committed to encouraging the export of our quality products across Africa and reducing the cost of production for Nigerian businesses. Our job is to facilitate trade and investment.
“We are looking at direct cargo flights across Africa for our traders to bring down the cost of production,” she added.
Key Achievements:
- Foreign Direct Investment (FDI): The government has secured $50.8 billion in investment deals through international engagements, including President Bola Tinubu’s overseas visits. These investments are expected to contribute significantly to Nigeria’s GDP and create millions of jobs.
- African Continental Free Trade Agreement (AfCFTA): The Ministry of Trade and Investment has been working with the Central Bank of Nigeria (CBN) on the implementation of AfCFTA. The government is prioritizing exports and reducing production costs for Nigerian businesses to enhance competitiveness.
- Support for Manufacturers: The government has supported local manufacturers with ₦200 billion in interventions. Initiatives include ensuring manufacturers get gas directly to cut production costs and protect against smuggling.
- Digital Trade: The government is focusing on digital trade as a key driver of economic growth. Efforts include enhancing digital public infrastructure and engaging with international tech giants like Google to attract global investment.
- Budget Implementation: The signing of the ₦54.99 trillion budget by President Tinubu’s administration is seen as a testament to its commitment to economic growth. The budget aims to boost economic resilience, social stability, and national progress.
These achievements reflect the government’s dedication to achieving President Tinubu’s Eight-Point Agenda and positioning Nigeria as a prime investment destination.
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