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A robot from AgiBot is seen during the Global Developer Conference, organized by the Shanghai AI Industry Association, in Shanghai on February 21, 2025. (Hector Retamal via Getty Images)
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The harbor sea wall on Victoria Island, Lagos, Nigeria. (Wayne Parsons/Getty Images)
On Tuesday, February 14, Hudson Institute hosted a discussion on Nigeria’s efforts to attract foreign investment with Dr. Okechukwu Enelamah, the Minister of Industry, Trade and Investment. Nigeria, Africa’s second-largest economy, has faced setbacks from collapsing oil prices and foreign currency shortages, to security issues and longstanding deficiencies in energy and transportation infrastructure. Nevertheless, Dr. Enelamah has made it his priority to work in partnership with relevant stakeholders—government, private sector, and agencies—to boost Nigeria’s investment attractiveness. His policy initiatives are focused on improving the ease of doing business, supporting foreign direct investment, growing the non-oil economy's contribution to GDP, and creating jobs. Thank you for joining us for a conversation on how Nigeria has leveraged its advantageous tax system, natural resources, and significant business reforms to facilitate foreign direct investment.
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