A delegation of Qatari investors has pledged $300 billion in new investments for Nigeria, a move hailed by business leaders as a strong endorsement of President Bola Tinubu’s reform-driven economic agenda.
The commitment was announced during a high-level business reception in Lagos on Saturday, attended by members of Future Union Group, Qatar, led by Sheikh Abdul-Rahman Hamad N.H. Al-Thani, a member of the Qatari royal family.
The investors are seeking partnerships in energy, infrastructure, oil and gas, agriculture, and aviation, according to the News Agency of Nigeria (NAN).
Adebowale Odutola, Chairman of Elan Vert Nigeria Ltd., who facilitated the visit, said the Qatari interest was a direct reflection of improved investor confidence under Tinubu’s leadership.
“These investors are committing $300 billion across key sectors of the economy. It’s a testament to renewed trust in Nigeria’s business climate,” she said.
Odutola added that the delegation’s goal was not merely transactional but centred on long-term, job-creating partnerships.
“They are here to build relationships and create sustainable wealth. They told us Nigeria is now the investment bride of Africa,” she said.
Co-facilitator Dr Abdul-Azeez Adediran (Jandor) praised the Tinubu administration for stabilising the foreign exchange market and implementing policies that enable capital repatriation, long seen as a deterrent to foreign investment.
“Before Tinubu’s reforms, investors were uneasy. Today, they see Nigeria as Africa’s most attractive investment destination,” Adediran said, highlighting renewable energy and natural gas as key growth areas.
Lagos State lawmaker Adedamola Kasunmu said the investment illustrated the growing international confidence in Nigeria’s economic trajectory.
“Investors are returning. The reforms are working. This is a major vote of confidence in Nigeria’s future,” he said.
Dr Abdelgalil Sharaf, Chief Executive of Future Union Group, expressed optimism about Nigeria’s economic prospects.
“Nigeria has what we need — people, potential, and purpose. We are here to stay and to contribute meaningfully to its growth story,” he said.
Other members of the Qatari delegation echoed similar sentiments. Maral Godalazian, International Regional Director, said Nigeria’s “warmth and ambition” made it a compelling investment destination, while Aviation Advisor Nabil Lakhel confirmed that the group was already evaluating major projects in the sector.
The Qatari engagement is expected to deepen trade and investment ties between both nations, particularly in infrastructure, agriculture, renewable energy, and technology, positioning Nigeria as a key investment hub on the African continent.
