1 week ago
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The Federal Capital Territory Administration (FCTA) has called connected planetary investors to leverage the economical imaginable of the nation’s capital, arsenic concern leaders emphasised that Africa’s prosperity indispensable beryllium driven by Africans.
The entreaty was made yesterday astatine the opening of the 2nd Abuja Business and Investment Expo (ABIEXPO 2025) by the FCT minister, Nyesom Wike, and keynote speaker, Tony Elumelu, who agreed successful their imaginativeness to presumption Abuja arsenic a hub for sustainable maturation and occupation creation.
Wike, represented by the curate of State for the FCT, Mariya Mahmoud, reaffirmed the administration’s committedness to transforming Abuja into a exemplary of economical prosperity.
“As Abuja symbolises Nigeria’s aspirations, our mission, supported by Mr. President, is to marque it a safe, investment-friendly metropolis that empowers each citizens,” Wike stated.
He outlined the administration’s absorption connected infrastructural improvement to link outer towns to the metropolis centre, describing the projects arsenic indispensable for industrialisation.
The curate commended the expo, organised by the Abuja Investments Company Limited (AICL), arsenic a strategical and forward-looking level for fostering shared prosperity.
The president of Heirs Holdings, Mr Tony Elumelu, portion echoing the telephone for investment, but with a pointed absorption connected section capital, challenged African investors to marque their money, but delight bring it location and put locally.
“It volition beryllium a disservice to marque truthful overmuch and past support the wealth successful economies that are already developed,” helium said.
Elumelu argued that the continent’s economical destiny indispensable beryllium forged wrong its ain borders.
“Africa’s economical translation volition not beryllium written successful boardrooms successful Washington oregon London but close present successful Africa, successful Nigeria, successful Abuja – and it volition beryllium written by Africans,” helium said.
He highlighted the captious nexus betwixt economical inclusion and security, saying “Poverty anyplace is simply a menace to each of america everywhere.”
Elumelu further revealed that his Foundation has empowered 24,000 young Africans, including 641 from the FCT, with effect superior and training.
The Group Managing Director of AICL, Ambassador Maureen Tamuno, said the expo aligns with the President’s Renewed Hope Agenda to boost capitalist assurance and stabilise the economy.
“ABIEXPO 2025 marks the adjacent section of Abuja’s translation into a resilient, globally competitory city,” Tamuno said.
She noted that the lawsuit features dedicated Youth and Women’s Days to beforehand inclusion and link innovators with investors.
The expo attracted a important planetary presence, with delegates participating from South Africa, the United Kingdom, Canada, and Botswana.
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