The Federal Government has reaffirmed its commitment to creating a business-friendly environment for domestic and foreign investors.
The Honourable Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, stated this during a high-level engagement with a California–Africa Climate and Economic Delegation in Abuja.
Oduwole outlined ongoing regulatory and legislative reforms designed to attract investment into critical sectors, stressing that Nigeria remains open and ready for global partnerships.
She emphasised that the government is working to sustain investor confidence and foster long-term economic growth.
Speaking at the same event, the Chairman/CEO of the Nigerians in Diaspora Commission (NiDCOM), Hon. Abike Dabiri-Erewa, welcomed the delegation and highlighted the significant role of the Nigerian diaspora in driving national development. She noted that diaspora investors are contributing financial capital, expertise, and global influence, which aligns with President Bola Tinubu’s Renewed Hope Agenda.
The delegation was led by Dr Toks Omishakin, Secretary of the California State Transportation Agency, who commended NiDCOM for convening the discussions. He underscored California’s leadership in clean and sustainable transportation, pointing out that the state accounts for 14 per cent of the United States electric vehicle market.
Conversations centred on sustainable transportation, clean energy collaboration, technical cooperation and infrastructure development.
California’s global strengths in technology and venture capital were presented as key drivers to position African green enterprises as globally competitive players.
The engagement concluded with a renewed commitment to deepen partnerships, leverage diaspora expertise and expand sustainable investment flows into Nigeria.
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