President Bola Ahmed Tinubu has declared that Nigeria has become a highly attractive destination for investment, despite ongoing economic and structural challenges facing the country.
Speaking on Thursday at the State House during a meeting with the Civil Society Organisation on Community Advancement and Humanitarian Empowerment Initiative (CSCHEI), the President said the economy was recovering and had attracted unprecedented foreign investment, particularly in the hydrocarbons sector.
Vice President Kashim Shettima was present at the meeting.
“I have just received the good news that our gas investment has crossed the most difficult river and is moving very effectively,” Tinubu said, referring to the Nigerian National Petroleum Company Limited’s (NNPC) completion of the River Niger crossing of the OB3 Gas Pipeline.
The pipeline, constructed using advanced Horizontal Directional Drilling (HDD) technology beneath the riverbed, is designed to transport up to 2 billion standard cubic feet of gas per day, a development expected to boost energy security, power generation, and industrial expansion.
President Tinubu described the achievement as part of broader efforts to reposition Nigeria’s economy, stating that reforms were beginning to yield results.
“We have survived the edge of bankruptcy; we are seeing the light at the end of the tunnel,” he said, while commending civil society groups for promoting governance accountability and intellectual engagement.
He also highlighted major infrastructure ambitions, including the Sokoto–Badagry highway project, which he said spans a corridor with over 75 dams that could support irrigation, power generation, and technological development aimed at improving livelihoods nationwide.
On security, the President acknowledged ongoing challenges but assured that reforms, including discussions around state policing, were being carefully considered as part of long-term solutions.
“We shall overcome,” he added, noting that improvements in national security would take time and sustained effort.
The Director General of CSCHEI, Kunle Yusuff, praised the administration’s economic and governance reforms, describing Tinubu as “the architect of Nigeria’s new financial infrastructure.” He claimed that revenue growth had exceeded 300% under the current administration.
Yusuff also commended Nigeria’s progress in implementing the United Nations Sustainable Development Goals (SDGs) Agenda 2030, citing improved coordination and leadership in key development programmes.
He further applauded government initiatives such as local government autonomy, infrastructure development, the Nigerian Education Loan Fund (NELFUND), and social investment schemes, while urging expansion of beneficiary coverage to reach more citizens.
The meeting underscored the administration’s push to reinforce investor confidence, accelerate infrastructure delivery, and deepen collaboration with civil society groups in shaping national development priorities.
