The President of the Lagos Chamber of Commerce and Industry (LCCI), Mr Gabriel Idahosa, has declared Nigeria as the next frontier for investments amid recent disruptions and shifts.
Mr Idahosa made the assertion at the LCCI International Business Conference and Expo 2025. He noted that Nigeria was open for business, particularly in a world where global capital was constantly seeking competitive, resilient, and high-growth destinations.
“As global economy continues to adjust to disruptions, geopolitical realignments, shifts in energy transitions and others, investors worldwide are rethinking markets, diversifying risks, and seeking frontiers where growth is possible and sustainable.
“And here lies Nigeria, Africa’s largest market, home to over 220 million people, richly endowed with natural and human resources, and strategically positioned as the gateway to Africa’s trillion-dollar continental free trade market,” he said.
The LCCI president stated that by 2030, Nigeria would be among the top five most populous countries with a median age of under 20 years.
This, he said, meant a vast labour force, a massive consumer market, and an innovation hub waiting to be tapped, adding that the government had embarked on bold reforms to improve the ease of doing business, modernise fiscal and monetary frameworks, diversify revenue and unlock critical sectors.
According to him, the sectors of high growth are numerous and untapped including agriculture and agro-processing with vast arable land; technology and the digital economy, renewable energy and creative industries among others, stating that in spite of challenges, Nigeria continued to demonstrate resilience, entrepreneurial energy, and returns on investment that are unmatched in many comparable markets.
“My message is direct to potential foreign investors here today: Nigeria is your next frontier.
“Investing in Nigeria is not just about financial returns but about being part of a transformational story of a country that refuses to be defined by its challenges but is determined to be represented by its possibilities.
“If you want to be part of Africa’s rise, you cannot afford to overlook Nigeria.
“If you wish to scale, innovate, and be resilient, Nigeria offers it. If you want partnerships built on mutual growth, Nigeria is ready,” the LCCI chief disclosed.