The Presidency has announced that international trips undertaken by President Bola Tinubu since taking office have attracted over $50 billion in Foreign Direct Investment (FDI) to Nigeria.
This was disclosed on Monday by the Senior Special Assistant to the President on Foreign Affairs and International Relations, Ambassador Sola Enikanolaye, during a mid-term briefing on the administration’s foreign policy gains.
Ambassador Enikanolaye revealed that President Tinubu has embarked on 36 foreign trips since his inauguration on May 29, 2023. These visits span across Africa, Europe, Asia, the Middle East, and the Americas, covering key countries including the United States, United Kingdom, China, India, Germany, Saudi Arabia, France, and Brazil, among others.
According to Enikanolaye, the diplomatic engagements were not only strategic for political relationships but also targeted at securing economic cooperation and investment deals. “These foreign trips have raised Nigeria’s international standing and translated into tangible investment inflows,” he stated.
The Presidency emphasized that several additional trips are scheduled for the remainder of the year, all aimed at further deepening bilateral relations and unlocking new economic opportunities for Nigeria.
The $50 billion in foreign investments reportedly secured over the last two years is being viewed by the administration as a key result of proactive diplomacy and global engagement under President Tinubu’s leadership.
