Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » Tinubu pledges Nigeria’s commitment to Africa’s economic transformation

    Tinubu pledges Nigeria’s commitment to Africa’s economic transformation

    June 17, 2025
    Share
    Facebook Twitter LinkedIn WhatsApp
    *President Bola Tinubu

    Abuja — President Bola Tinubu has pledged Nigeria’s commitment to Africa’s economic transformation at the 4th Annual Meeting of the Africa Sovereign Investors Forum, ASIF, in Abuja.

    Represented by Vice President Kashim Shettima, President Tinubu also emphasised the need for collective action and regional cooperation among African countries to achieve transformative development.

    He reaffirmed Nigeria’s determination to lead the continent’s economic transformation through targeted reforms and catalytic investment platforms while also underscoring the administration’s priority on regional collaboration and innovative capital mobilisation.
    The annual meeting of the Sovereign Investors Forum, being hosted by the Nigerian government, through the Federal Ministry of Finance, began on June 15 and ends on June 17.
    Held under the theme, “Leveraging African Sovereign Wealth Funds to Mobilise Global Capital for Transformative Development”, the gathering brought together sovereign wealth funds, institutional investors, and policymakers from 17 African nations, supported by strategic partners such as China Investment Corporation and Abu Dhabi Investment Authority.
    In his remarks, the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, called for a shift from stabilization to strategic investment, positioning sovereign wealth funds as engines of economic transformation.
    “Africa must lead its own industrialization. By mobilizing domestic capital and aligning with global partners, we can move from a future defined by potential to one built on performance, ” he stated.
    The Minister highlighted Nigeria’s trailblazing efforts in developing innovative financing models such as the NSIA-backed Infrastructure Debt Fund, the Green Guarantee Company, and a landmark US-dollar domestic bond issuance, as clear signals of Nigeria’s investment readiness.
    Mr. Aminu Umar-Sadiq, Managing Director and CEO of the Nigeria Sovereign Investment Authority, NSIA, echoed this ambition: “NSIA is honoured to host sovereign wealth funds from across the continent. By uniting our collective resources, African sovereign wealth funds can become a formidable catalyst for transformative growth, economic resilience, and long-term prosperity.”
    He highlighted pioneering initiatives like the Infrastructure Debt Fund, the Green Guarantee Company, and the US-dollar domestic bond issuance as clear evidence of Nigeria’s investment leadership.
    The summit also marked the launch of the ASIF Investment Platform, a flagship vehicle designed to unlock high-impact, cross-border investments in infrastructure, renewables, manufacturing, and healthcare.
    For Nigeria’s private sector, ASIF 2025 signals a new era—de-risking mega-projects, anchoring blended finance, and creating fertile ground for investor-led growth across Africa.

    Related News

    Battery electric cars produce 73% less emissions -research

    China to dominate global butadiene capacity additions through 2030

    AEC condemns Greenpeace for ‘calculated attacks’ to hinder energy development

    Comments are closed.

    E-book
    Resilience Exhibition

    Latest News

    Nigeria’s Dangote refinery plans 1.6 mln barrels fuel storage tanks in Namibia, sources say

    July 9, 2025

    Nigeria’s oil rig count hits 46 – NUPRC

    July 9, 2025

    UAE says markets thirsty for oil despite boosts in OPEC+ output

    July 9, 2025

    Ghana warns of power cuts while Italy’s Eni works to boost gas supply

    July 9, 2025

    Battery electric cars produce 73% less emissions -research

    July 9, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.