Platform targets investment inflows, economic growth

Nigeria is preparing to launch the "New Nigeria Festival," a national platform designed to accelerate innovation, attract investment, and advance the country's ambition of becoming a $1 trillion economy by 2030. The festival, set to debut at the Transcorp Hilton in Abuja, will gather leaders from government, business, technology, finance, entrepreneurship, academia, and the global diaspora. Its theme is "Great Ideas, Bold Execution."

“

The core objective of the festival is to promote enterprise development, accelerate innovation-driven growth, create jobs, boost foreign direct investment, and significantly catalyse Mr President’s vision of Nigeria achieving a trillion-dollar economy by 2030, while emerging as Africa’s leading innovation hub.

Organizers stated the festival aims to foster enterprise development, build strategic partnerships, boost foreign direct investment, and position Nigeria as Africa's leading innovation hub. Executive Producer and Project Coordinator Paul Peters described the event as a crucial platform connecting ideas with action to create opportunities for sustainable growth. "The core objective of the festival is to promote enterprise development, accelerate innovation-driven growth, create jobs, boost foreign direct investment, and significantly catalyse Mr President’s vision of Nigeria achieving a trillion-dollar economy by 2030, while emerging as Africa’s leading innovation hub," Peters said.

Peters emphasized Nigeria's immense talent and economic potential, stating the festival is designed to connect these possibilities with the necessary partnerships, investments, and leadership for sustainable growth. The event is structured as an economic movement, bridging the gap between policy and implementation, innovation and investment, and leadership and measurable national impact. It moves beyond the traditional conference model.

“

Nigeria possesses immense talent, innovation, and economic potential. The New Nigeria Festival is designed to connect those possibilities with the partnerships, investments, and leadership required to drive sustainable growth.

The two-day festival will include keynote addresses, policy dialogues, investment discussions, innovation showcases, startup exhibitions, and networking sessions. A significant highlight will be the National Innovation and Enterprise Pitch Platform, featuring over 100 youth-led ventures from across Nigeria. Selected startups will gain access to investors, grant opportunities, mentorship, corporate partnerships, and national visibility. The program is supported by the New Nigeria Innovation Pipeline, a framework to guide promising ideas from incubation to market success.

“

The Innovation Pipeline Initiative is designed to move high-potential concepts from ideation through incubation, investment readiness, and market entry, ensuring that Nigerian innovation translates into scalable enterprises and measurable economic impact.