Nigeria has attracted $50.8 billion in investment deals as of November 2024, according to the Minister of Industry, Trade, and Investment, Jumoke Oduwole.
Oduwole disclosed this while presenting her ministry’s achievements at a ministerial briefing in Abuja on Tuesday.
She noted that Nigeria’s position under the African Continental Free Trade Area (AfCFTA) agreement had been strengthened, alongside the completion of a World Trade Organisation (WTO) review.
The minister highlighted ongoing efforts to remove investment bottlenecks through collaboration with key stakeholders, while emphasizing the ministry’s strides in policy reforms, investment inflows, and technological advancements.
Among the major reforms is the establishment of an Industrial Revolution Work Group and the introduction of a National Industry Tour to assess and revamp the country’s industrial landscape.
Oduwole described the ministry’s achievements as significant progress in international trade engagement, with a focus on technology, job creation, and youth participation in a tech-driven economy.
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