The Presidential Foreign Intervention Promotion Council (PFIPC) has announced an ambitious plan to attract $5 trillion in Foreign Direct Investment (FDI) as Nigeria prepares to host the World Investment Summit 2026 in Abuja.
In a statement on Thursday, the council said the summit themed “Unlocking Capital, Accelerating Development, Driving Prosperity” aims to rebrand Nigeria as a global destination for capital inflows, innovation, and strategic partnerships.
Scheduled for April 2026, the event is expected to draw more than 80 Heads of State and Government, 96 Ministers, 800 speakers, and 8,000 participants from across the world, making it one of the largest investment gatherings ever held in Africa.
At a pre-summit dinner in Abuja, the Director-General of PFIPC, Adeniyi Matthew, reaffirmed the country’s readiness to host the global event, describing it as a turning point in Nigeria’s economic trajectory.
“Nigeria, with its vast potential and global opportunity, is the perfect host for this momentous occasion,” he said. “We stand at the threshold of a new era poised to unlock our potential and become a beacon of growth and prosperity in Africa.”
Matthew added that the summit would serve as more than just a meeting point for investors, calling it “a catalyst for growth, a platform for partnership, and a beacon of hope for a brighter future.”
Balancing Foreign and Local Growth
The PFIPC an initiative of the Nigerian Presidency established to advance the country’s global economic interests emphasized that foreign investment alone is not enough to sustain long-term growth.
“Helping local businesses recover and thrive is just as important as attracting foreign investments,” the council said. “Strong local enterprises create a stable environment that benefits both communities and international investors.”
The council said it is working closely with key ministries and private-sector stakeholders to ensure the summit delivers tangible investment outcomes while fostering opportunities for small and medium-sized enterprises (SMEs) across Nigeria.
The World Investment Summit 2026 is expected to spotlight opportunities in energy transition, infrastructure, digital innovation, agriculture, and manufacturing sectors viewed as vital to Nigeria’s goal of achieving inclusive, sustainable economic growth.
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