Tinubu Declares Nigeria Exited Instability, Appeals to Investors at Bauchi Summit

President Bola Ahmed Tinubu has sent a strong message to the global investment community, declaring that Nigeria has moved past its period of economic instability and that “there is no better time” for investors to make Nigeria their destination of choice.

The President’s appeal was delivered by Vice-President Kashim Shettima at the maiden Bauchi Investment Summit 2025 on Wednesday, which was themed: “Revealing a Resilient Economy: Optimising Investment Partnerships.”

Shettima stated that the administration’s “bold reforms,” including the removal of the petrol subsidy and the harmonization of the foreign exchange market, have begun to yield significant dividends, effectively stabilizing the country’s macroeconomic environment.

To back this confidence, the Vice-President presented several improved economic indicators: “We came to office promising to turn around the fortunes of the country while the debt service to revenue ratio has shot up to about 100 per cent. Today, we are pleased to share that we have reduced it to less than 50 per cent.”

He further revealed that the nation’s External Reserves have grown to $43 billion as of September 2025. Other positive indices cited include a 4.23 per cent GDP growth recorded last month and a remarkable 411 per cent growth in non-oil revenues year-on-year.

The President urged prospective partners to tap into the enormous potential across the states, particularly in Bauchi, which he noted is primed for investments in climate-smart agriculture, solid minerals, tourism, and renewable energy to power industrial processes. He assured investors of streamlined support from the Federal Government’s MDAs.

Governor Bala Mohammed of Bauchi State reinforced the President’s call, promising investors utmost safety and importance. “We will make you and your investment safer than us. We will make you more important than us,” the governor pledged, as he detailed state-level commitments to water resource management and other infrastructure projects.

The Sultan of Sokoto, Muhammad Sa’ad Abubakar III, who was also present, tasked leaders across the northern states to ensure good governance and diligent monitoring of commitments made at such investment summits to foster national development.