Nigeria woos Saudi investors, says economy ripe for business, tourism partnerships

Nigeria is rolling out the red carpet for Saudi investors, signaling a strong push to attract foreign capital and deepen economic ties. The government declared the nation "open for business" at the Nigeria–Saudi Diaspora Investment and Tourism Exhibition Summit 2026 in Abuja.

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Nigeria is open for business and ready for deeper partnership with Saudi Arabia. Our economic reforms are creating new opportunities for investment, trade and tourism, and we invite investors to take advantage of the enormous potential our country offers.

Minister of Information and National Orientation, Mohammed Idris, touted the "sweeping economic reforms" under President Bola Ahmed Tinubu's "Renewed Hope Agenda." He asserted these policies are cultivating a more competitive and investor-friendly economy, urging Saudi businesses to capitalize on emerging opportunities across various sectors.

"Our economic reforms are creating new opportunities for investment, trade and tourism, and we invite investors to take advantage of the enormous potential our country offers," Idris stated. He framed the summit as a crucial platform for forging practical partnerships to expand bilateral trade, stimulate investment, and create jobs.

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Our responsibility is to continue projecting an accurate, balanced and confident narrative about Nigeria. Investment flourishes where there is transparency, policy consistency and trust. We are committed to ensuring that the world sees Nigeria for what it truly is,a country of immense opportunity, resilience and promise.

The administration is also prioritizing a credible image projection to the global investment community. "Investment flourishes where there is transparency, policy consistency and trust," Idris said, vowing to showcase Nigeria's "immense opportunity, resilience and promise." Nigerians in the diaspora were also recognized as vital economic ambassadors, with a call to translate discussions into concrete investments, technology transfer, and joint ventures.

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Let us move beyond dialogue to action. Let us build partnerships that create jobs, grow businesses, promote innovation and improve the lives of our people.