“Nigeria is not just a market of over 200 million people but a nation of ideas, youthful brilliance, and limitless potential.”
LAGOS — President Bola Tinubu has assured domestic and international investors of Nigeria’s readiness and openness for business partnerships.
Speaking at the 39th Lagos International Trade Fair (LITF) organised by the Lagos Chamber of Commerce and Industry (LCCI) on Friday, Tinubu said the country was “open for business.” He was represented by the Minister of State for Industry, Sen. John Enoh.
The 2025 edition of the fair, which runs from Nov. 7 to 16, will showcase Nigerian entrepreneurship and global economic partnerships.
Tinubu said Nigeria was restructuring to ensure stable policies, honour contracts, and provide transparent incentives for manufacturers, exporters, and small businesses. He also promised digitised ports, one-stop shops for business permits, smarter taxation, and faster dispute resolution.
“Nigeria is not just a market of over 200 million people but a nation of ideas, youthful brilliance, and limitless potential,” he said.
Describing the African Continental Free Trade Area (AfCFTA) as “the most ambitious economic project in modern Africa,” Tinubu said Nigeria “must not only participate in it but must lead it.”
Lagos State Governor Babajide Sanwo-Olu, represented by Commissioner Folasade Ambrose-Medebem, said the theme “Connecting Business, Creating Value” reflected Lagos’s role as a hub where “vision meets value and enterprise meets opportunity.”
LCCI President Gabriel Idahosa described the fair as “an incubator of ideas and a catalyst for commerce,” urging Nigerian businesses to leverage the platform for distributorship deals and trade partnerships.