The Minister of Industry, Trade and Investment Jumoke Oduwole, said yesterday that the Federal Government is working to realise the $50.8 billion investment commitments by foreign partners.
The commitments were made during trips made by President Bola Ahmed Tinubu.
Dr. Oduwole said the ministry was tracking the investment announcements to ensure they come to fruition.
She spoke during the 2025 ministerial press briefing organised by the Ministers of Information and National Orientation Mohammed Idris in Abuja.
She said: “I will just mention the tracking of Mr. President’s investment announcements.
“Someone had put out a statistic that the Nigerian economy needed $50 billion to be steady in terms of foreign exchange.
“We did the numbers and as of November, Mr. President’s international trips had generated $50.8 billion in commitments.
“The ministry tracks those announcements to ensure they come to fruition.”
She said Nigeria was deepening trade relations with five key countries and repositioning itself as the African Continent Free Trade Area ACFTA trade champion.
