President Bola Ahmed Tinubu has stated that Nigeria is attracting about $20 billion in foreign direct investment (FDI) in 2026, describing it as a sign of growing investor confidence in the country’s economy.

Tinubu said ongoing economic reforms introduced by his administration are beginning to position Nigeria as a more attractive destination for global investors across key sectors.

According to the President, reforms in foreign exchange management, taxation, infrastructure development and the ease of doing business are helping to improve the country’s investment climate.

He maintained that despite short-term economic challenges, the government’s policies are designed to create long-term stability, encourage private sector participation and drive sustainable growth.

Tinubu also noted that increased foreign investment inflows could support job creation, industrial expansion and improved productivity across multiple sectors of the economy.

The President stressed that Nigeria remains one of Africa’s largest markets with significant opportunities in energy, technology, manufacturing, agriculture and infrastructure.

Economic analysts say investor confidence often depends on factors such as policy consistency, exchange rate stability, security and transparency in governance.

The administration has repeatedly defended its reform agenda, arguing that the measures are necessary to reposition the economy and attract both local and international investment.

Tinubu’s comments come amid continued discussions about Nigeria’s economic direction, inflation pressures and efforts to strengthen foreign investor participation in the country.