The Minister of Information and National Orientation, Mohammed Idris, has said that Nigeria’s economic and governance reforms under President Bola Ahmed Tinubu are boosting global confidence in the country.
Speaking on at a World Press Conference in London ahead of President Tinubu’s official visit to the United Kingdom, Idris said the reforms are creating new opportunities for trade, investment, and international cooperation.
He highlighted the strategic partnership between Nigeria and the UK, built on strong diplomatic, economic, and cultural ties.
The Minister noted that the visit provides an opportunity to deepen collaboration in trade, security, climate action, education, and technology.
Idris pointed to key government reforms, including the removal of fuel subsidies and harmonisation of foreign exchange regimes, saying they have improved fiscal transparency and created a predictable business environment.
On investment, the Minister said Nigeria has attracted over eight billion dollars in oil and gas projects in two years, creating jobs, technical skills, and stronger revenues for governments at all levels.
“Each of these investment dollars represents opportunities for Nigerians and stronger economic growth for the country,” Idris said.
He also announced to the foreign audience that Nigeria will soon launch a Customs Single Window, a digital platform connecting trade agencies, importers, and exporters to streamline processes and improve efficiency in international trade.
Idris highlighted Nigeria’s exit from the Financial Action Task Force grey list after implementing anti-money laundering reforms, a development he said strengthens the country’s credibility in global finance.
He cited positive economic indicators, including halved inflation, growing trade surpluses, and fifteen consecutive months of growth in the Central Bank’s Purchasing Managers’ Index.
The Minister noted government initiatives in human capital and security, including the Nigerian Education Loan Fund and strengthened intelligence coordination to tackle terrorism, banditry, and organised crime.
Idris pointed to Nigeria’s strong naval capability, describing the Navy as Africa’s most powerful according to the 2026 Global Firepower Index.
“Our Navy is leading the establishment of a Combined Maritime Task Force to secure the Gulf of Guinea,” he said.
The Minister emphasised Nigeria’s commitment to national unity, peaceful coexistence, and religious freedom, stressing that the country’s diversity is a major strength.
He reaffirmed Nigeria’s role in regional and global affairs, including peacekeeping, diplomacy, and international cooperation on climate change, migration, and energy security.
Idris therefore encouraged international investors to explore opportunities in Nigeria, assuring them of regulatory transparency, tax incentives, and full repatriation of profits.
“We deeply value our long-standing partnership with the United Kingdom and look forward to strengthening collaboration in the years ahead,” Idris said, stressing that President Tinubu’s policies are making Nigeria more attractive to global investors while reinforcing its international standing.
