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Thursday 29 October
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Story Nigeria

Tinubu’s Aide Highlights 19 Investment Projects to Boost Investor Confidence

Nigeria
The brief

Bayo Onanuga, Special Adviser to President Bola Tinubu on Information and Strategy, has unveiled a list of 19 significant investment projects aimed at countering opposition claims that Tinubu’s economic reforms are deterring investors. In a recent post on X, Onanuga emphasized these projects as evidence of ongoing investor confidence in Nigeria, despite criticisms surrounding the administration's reform agenda. The projects span critical sectors including banking, oil and gas, power, mining, telecommunications, technology, data centres, ports, and logistics, with developments expected between 2025 and 2026.

Onanuga's announcement comes as the administration faces scrutiny from various opposition groups, which argue that the economic reforms implemented by President Tinubu are creating an unfriendly environment for foreign investment. To bolster his argument, Onanuga referenced the involvement of major financial institutions, including JPMorgan, in supporting Nigeria's economic landscape, suggesting that these partnerships reflect a robust outlook for the country's investment climate.S1S2

The projects outlined by Onanuga are intended not only to reassure potential investors but also to illustrate the government's commitment to fostering a conducive environment for economic growth. As the administration moves forward, it will be crucial to monitor the implementation of these projects and their impact on investor sentiment in Nigeria.S1S2

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4d Punchng

Onanuga lists 19 projects to counter claims Tinubu’s reforms scare investors

President Tinubu’s aide, Bayo Onanuga, has listed 19 investment projects to counter opposition claims that the administration’s economic reforms are scarin : https://punchng.com/on…

4d Feedburner:nigerianeye

Onanuga Lists 19 Projects to Refute Claims Tinubu’s Reforms Scare Investors

Bayo Onanuga, Special Adviser to President Bola Tinubu on Information and Strategy, has outlined 19 major investments and projects across key sectors to counter opposition claims t…

Tinubu’s Aide Highlights 19 Investment Projects to Boost Investor Confidence

2 outlets 2 reports
The brief

Bayo Onanuga, Special Adviser to President Bola Tinubu on Information and Strategy, has unveiled a list of 19 significant investment projects aimed at countering opposition claims that Tinubu’s economic reforms are deterring investors. In a recent post on X, Onanuga emphasized these projects as evidence of ongoing investor confidence in Nigeria, despite criticisms surrounding the administration's reform agenda. The projects span critical sectors including banking, oil and gas, power, mining, telecommunications, technology, data centres, ports, and logistics, with developments expected between 2025 and 2026.

Onanuga's announcement comes as the administration faces scrutiny from various opposition groups, which argue that the economic reforms implemented by President Tinubu are creating an unfriendly environment for foreign investment. To bolster his argument, Onanuga referenced the involvement of major financial institutions, including JPMorgan, in supporting Nigeria's economic landscape, suggesting that these partnerships reflect a robust outlook for the country's investment climate.S1S2

The projects outlined by Onanuga are intended not only to reassure potential investors but also to illustrate the government's commitment to fostering a conducive environment for economic growth. As the administration moves forward, it will be crucial to monitor the implementation of these projects and their impact on investor sentiment in Nigeria.S1S2

Timeline · newest first

Sources · 2 citations

S1 Punchng 1 report · EN