Jumoke Oduwole, minister of trade, commerce and funding, says Nigeria attracted about $21 billion in capital importation within the first 10 months of 2025 — a pointy rise from $12 billion recorded in 2024 and fewer than $4 billion in 2023.
Oduwole disclosed this on Wednesday whereas defending the ministry’s 2026 price range proposal earlier than the Home of Representatives Joint Committee on commerce, trade and small and medium enterprises (SMEs).
Capital importation refers back to the influx of international funds used to finance investments, commerce and manufacturing actions in a rustic.
$5bn in curated initiatives, 50 bottlenecks resolved
In keeping with the minister, the rebound displays deliberate efforts to transform coverage into measurable financial outcomes.
“In 2025, the ministry centered on translating coverage into actual financial exercise by way of higher coordination, engagement and sensible facilitation,” she stated.
She listed key interventions to incorporate: Curation of over $5 billion in bankable initiatives, Creation of sector-specific deal rooms, Internet hosting Nigeria’s first home buyers’ summit and Decision of about 50 investor bottlenecks.
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“These actions helped re-engage home capital and facilitated the decision of about 50 investor bottlenecks, driving initiatives from intention to implementation,” she added.
The minister additionally stated the ministry carried out greater than 100 bilateral funding engagements in 2025, masking each new and conventional companions.
Nations highlighted embody: United Arab Emirates, Brazil, Japan, United States, and United Kingdom
Oduwole famous that the Nigeria-UK financial and commerce partnership, which started within the second quarter of 2024, considerably boosted inflows. She stated UK buyers accounted for about 65 per cent of Nigeria’s international capital inflows in 2025.
Commerce surplus, exports up 11%
On commerce efficiency, the minister stated Nigeria posted a commerce surplus in 2025.
Complete commerce reached about N113 trillion within the first three quarters of the 12 months, whereas exports rose by roughly 11 per cent year-on-year to $6.1 billion — the best on file in each worth and quantity.
Wanting forward, Oduwole stated the ministry will anchor its 2026 agenda on the nationwide improvement plan and three key frameworks:
- Nigeria’s commerce coverage (2023–2027)
- Nigerian funding coverage (2023–2027)
- Nigerian industrial coverage (2025–2035)
She stated implementation will centre on deepening industrialisation, increasing non-oil exports and strengthening Nigeria’s general funding local weather.
