PHOTO: AYODELE ADENIRANThe United Arab Emirates (UAE) Minister of Investment, Mohammed Alsuwaidi, has vowed that their size of investment into the Nigerian economy over the next couple of years would run into tens of billions of dollars. Federal minister, Industry, Trade and Investment, Dr Jumoke Oduwole, expressed excitement at Investopia making its debut in Africa and particularly in Nigeria for the first time. She noted that the FMITI is hosting investors from the UAE, Africa and across the world. “We need FDI and the UAE has this capital, the gulf in general has capital. He said the signing of the comprehensive economic partnership agreement (CEPA) between Nigeria and the UAE, provides a strong framework to accelerate trade, investment, and private sector collaboration.

Source: The Guardian February 02, 2026 23:39 UTC