Tinubu Targets $1 Billion Trade and Investment at TICAD9 in Japan

President Bola Tinubu has set a bold target of attracting $1 billion in trade and investment as Nigeria participates in the Tokyo International Conference on African Development (TICAD9) in Yokohama, Japan.

Leading a high-powered delegation, Tinubu said Nigeria’s engagement at the summit is focused on green innovation, industrial growth and reinforcing the nation’s role as West Africa’s economic gateway.

In a statement on his verified X account, @officialABAT, the President said Nigeria’s attendance at TICAD9 is deliberate and strategic, not ceremonial.

“At TICAD9, themed ‘Co-create innovative solutions with Africa,’ Nigeria comes with clarity of purpose,” Tinubu said. “Our participation aims to unlock over $1 billion in trade and investment, advance green innovation, expand opportunities for youth, and position Nigeria as West Africa’s hub.”

He further described the summit as a platform to establish long-term partnerships rooted in technology, trust, and talent, stressing that Nigeria is ready to drive Africa’s economic transformation.

Tinubu reaffirmed Nigeria’s position as a leading force in Africa’s development agenda, declaring: “Nigeria will lead, and Africa will rise.”

His comments showed the government’s intent to deepen cooperation with Japan and other development partners while creating new pathways for industrialization, job creation, and sustainable economic growth.

TICAD9, jointly organized by Japan and international development partners, brings together African leaders, global investors, and multilateral institutions to explore solutions for sustainable growth across the continent.

Nigeria’s presence at the summit, Tinubu’s first official visit to Japan since assuming office in May 2023, underscores Abuja’s commitment to strengthening Japan-Africa economic relations and attracting significant private sector investment.

Analysts note that Tinubu’s $1 billion target aligns with Nigeria’s ongoing drive to diversify its economy, expand renewable energy and green technology investments, and reinforce its position as the preferred entry point for business in West Africa.

With discussions centered on innovation and inclusive growth, the outcome of Nigeria’s participation at TICAD9 is expected to shape new investment flows and deepen bilateral cooperation between Nigeria and Japan.