President Bola Tinubu has declared that there is no better time to invest in Nigeria than now, citing recent economic gains.
Tinubu made the call on Wednesday at the maiden Bauchi Investment Summit, themed “Revealing a Resilient Economy: Optimising Investment Partnerships.” The summit was organised by the Bauchi State Government to showcase its investment potentials.
Represented by Vice-President Kashim Shettima, the president said Nigeria’s external reserves had risen to $43 billion as of September 2025.
“We came to office promising to turn around the fortunes of the country while the debt service-to-revenue ratio had shot up to about 100 per cent.
Today, we are pleased to share that we have reduced it to less than 50 per cent. Our GDP growth rate as of last month stood at 4.23 per cent and oil revenues rose by 411 per cent.
Our external reserves have grown to $43 billion as of September 2025, and I assure investors that there is no better time to join Nigeria than now,” he said.
Tinubu noted that Bauchi, with its vast arable land, has the potential to drive climate-smart agriculture and commercial outgrower schemes. He added that the state’s natural assets and cultural heritage could boost tourism, while its renewable energy and gas resources could power industries through public-private partnerships.
The president urged prospective investors to engage with state governments and relevant federal Ministries, Departments and Agencies (MDAs) to access necessary support.
He also commended Governor Bala Mohammed for organising the summit and embarking on a nationwide roadshow to attract investment opportunities for the state.
Governor Mohammed, in his remarks, pledged to make Bauchi a safe haven for investors.
“We will make you and your investment safer than us. We will make you more important than us.
We are going to do a lot in terms of water resource management so that all our local government areas will have water, powered by solar and gravity at minimal cost,” he said.
Also speaking, the Sultan of Sokoto, Muhammad Sa’ad Abubakar III, urged leaders to prioritise good governance and ensure effective monitoring of commitments made at summits and conferences across northern states to drive tangible national development.
