The Federal Government says economic and governance reforms under President Bola Ahmed Tinubu are strengthening global confidence in Nigeria.
The reforms are also creating new opportunities for trade, investment and international cooperation.
The Minister of Information and National Orientation, Mohammed Idris, said this during a press conference in London.
The briefing took place ahead of President Tinubu’s official visit to the United Kingdom at the invitation of King Charles III.
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Idris said the visit highlights the long-standing diplomatic and economic relationship between Nigeria and the United Kingdom.
He added that both countries plan to deepen cooperation in several important areas.
These areas include trade and investment, security collaboration, climate action, education and technological innovation.
The minister noted that Nigeria’s democratic system has remained stable since 1999.
He said strong institutions, active civil society groups and a vibrant media continue to support the country’s democracy.
Idris also said the administration’s Renewed Hope Agenda focuses on stabilising the economy and expanding opportunities for Nigerians.
He explained that the policy also prioritises stronger social protection and long-term national development.
The minister highlighted key reforms such as the removal of the petrol subsidy and the harmonisation of foreign exchange regimes.
He said these reforms aim to improve fiscal transparency and attract long-term investment into the economy.
According to him, the reforms have already positioned Nigeria as a major destination for oil and gas investment in Africa.
He said international companies have committed more than eight billion dollars in Final Investment Decisions in recent years.
Idris also announced that Nigeria will soon launch a Customs Single Window platform.
The digital platform will connect trade agencies, importers and exporters.
It will simplify documentation processes and improve efficiency in international trade.
The minister added that Nigeria recently exited the Financial Action Task Force grey list.
He said reforms to combat money laundering and illicit financial flows made this possible.
Idris noted that the development strengthens Nigeria’s credibility in the global financial system.
He also highlighted major infrastructure projects currently underway across the country.
These projects include the Lagos–Calabar Coastal Highway, the Sokoto–Badagry Super Highway and the Ajaokuta–Kaduna–Kano Gas Pipeline.
He said the projects will improve economic connectivity and support industrial growth nationwide.
In the power sector, the government continues to implement several major initiatives.
These include the Presidential Power Initiative and the Presidential Metering Initiative.
The programmes aim to expand electricity infrastructure and improve energy access across Nigeria.
The minister also said the Nigerian Education Loan Fund is supporting students nationwide.
According to him, more than one million students have accessed higher education through the programme.
Idris said the government has strengthened intelligence sharing among security agencies.
He said improved coordination now supports operations against terrorism, banditry and organised crime.
Nigeria is also expanding security cooperation with partners including the United Kingdom and the United States.
He added that the Nigerian Navy is leading plans to establish a Combined Maritime Task Force.
The initiative aims to strengthen security in the Gulf of Guinea.
Idris reaffirmed Nigeria’s commitment to religious freedom, peaceful coexistence and national unity.
He said the country’s diversity remains one of its greatest strengths.
The minister also assured global investors that Nigeria remains open to responsible investment.
He said government policies support regulatory transparency, tax incentives and full repatriation of profits.
