Nigeria Targets $1 Billion Trade and Investment at Tokyo Conference
Nigeria’s President Bola Tinubu has set a bold target of securing $1 billion in trade and investment at the Tokyo International Conference on African Development (TICAD9). The conference, currently underway in Yokohama, Japan, brings together African leaders, investors, and multilateral institutions to foster sustainable economic growth across the continent.
Leading Nigeria’s high-powered delegation to the conference, President Tinubu emphasized that the country’s participation is strategic and deliberate, rather than ceremonial. In a post on his verified X handle, @officialABAT, Tinubu stated that Nigeria aims to unlock over $1 billion in trade and investment, advance green innovation, expand opportunities for youth, and position itself as West Africa’s hub.
The President described TICAD9 as a platform for long-term partnerships, built on innovation, trust, and talent. He added that the summit serves as a launchpad for lasting development and global collaboration, anchored on technology, trust, and talent.
Tinubu reaffirmed Nigeria’s leadership in Africa’s development, declaring that the nation is prepared to lead from the front. “Nigeria will lead, and Africa will rise,” he affirmed. The President’s presence at the conference marks his first official visit to Japan since taking office in May 2023, highlighting Nigeria’s commitment to deeper Japan-Africa economic relations.
The TICAD9 summit, jointly organized by Japan and development partners, seeks to foster sustainable economic growth across Africa and strengthen cross-continental partnerships. Nigeria’s participation is seen as a significant step towards attracting private sector investment and global cooperation. With a focus on green innovation, industrial growth, and youth empowerment, Nigeria is poised to emerge as a key player in the region’s economic development.
As the conference proceeds, Nigeria’s engagement is expected to yield tangible outcomes, including new trade agreements, investment partnerships, and collaborative projects. With its bold target of securing $1 billion in trade and investment, Nigeria is set to make a significant impact at TICAD9, reinforcing its position as a leader in Africa’s development.