Nigeria’s Information Minister courts french investors at business forum in Paris

Paris, France – April 10, 2025 – Nigeria’s Minister of Information and National Orientation, Mohammed Idris, actively engaged French investors at the Nigeria Business Forum in Paris.

Speaking to over 200 companies, he emphasized Nigeria’s commitment to strengthening economic ties with France.

Furthermore, he outlined bold reforms designed to improve the investment climate, ensuring sustainable growth and partnership opportunities.

Additionally, Minister Idris highlighted Nigeria’s vast market potential under the African Continental Free Trade Area (AfCFTA).

He praised key French investors like TotalEnergies and Peugeot for their contributions to energy and infrastructure.

Moreover, he assured attendees that Nigeria remains a prime destination for foreign investment due to its strategic reforms and growing economy.

Under President Bola Tinubu’s leadership, Nigeria is implementing the Renewed Hope Agenda, an eight-point economic plan.

Notably, reforms include unifying foreign exchange rates and removing fuel subsidies to stabilize the economy.

Consequently, these measures have already boosted GDP growth to 3.84% in early 2024 while reducing debt burdens.

The Minister confidently stated that Nigeria’s reforms ensure transparency and competitiveness for investors.

He also emphasized the country’s strong regulatory framework, supported by institutions like the Central Bank.

With over 220 million people, Nigeria offers a youthful workforce, making it an attractive hub for long-term business growth.

To further encourage investment, Idris introduced initiatives like the Renewed Hope Infrastructure Fund.

He specifically invited French agribusinesses to explore Nigeria’s livestock sector, now overseen by a dedicated ministry.

These efforts, he explained, will drive private-sector expansion and create mutually beneficial partnerships.

Beyond the forum, Idris planned meetings with French media leaders to enhance bilateral cooperation.

His discussions with France Médias Monde and ARCOM aim to strengthen Nigeria-France ties in broadcasting and digital communication.

Such collaborations, he noted, will foster cultural and economic exchange.

In closing, the Minister reaffirmed President Tinubu’s vision for a prosperous Nigeria. He urged French investors to act now, capitalizing on the country’s ongoing transformation.

The forum, organized by Business France, marks a pivotal step in Nigeria’s economic diplomacy, paving the way for increased foreign investment.

Ultimately, Nigeria’s proactive reforms and strategic engagements position it as a leading investment destination in Africa.

With a thriving consumer market and investor-friendly policies, the country offers unparalleled opportunities for global businesses.

Therefore, Minister Idris’s efforts in Paris signify a bold move toward sustainable economic growth.

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