TICAD9: Tinubu Eyes $1bn in Trade, Investment

By Adedapo Adesanya

President Bola Tinubu says Nigeria’s participation in the ninth edition of the Tokyo International Conference on African Development (TICAD9) summit is anchored on a bold $1 billion trade and investment goal.

The Nigerian President,  who is currently in Yokohama, Japan, said the visit seeks to drive green innovation, foster industrial growth, and reinforce Nigeria as West Africa’s gateway.

In a post on his verified X handle, @officialABAT, President Tinubu stressed that Nigeria’s engagement at TICAD9 is strategic and deliberate, rather than ceremonial.

“At #TICAD9, themed Co-create innovative solutions with Africa, Nigeria comes with clarity of purpose. Our participation aims to unlock over $1 billion in trade and investment, advance green innovation, expand opportunities for youth, and position Nigeria as West Africa’s hub,” the statement said.

He described TICAD9 as a platform for long-term partnerships, built on innovation, trust, and talent.

“This summit is our launchpad for lasting development and global collaboration, anchored on technology, trust, and talent,” Tinubu added.

Reaffirming Nigeria’s leadership in Africa’s development, Tinubu declared that the nation is prepared to lead from the front.

“Nigeria will lead, and Africa will rise,” he affirmed.

TICAD9 is jointly organised by Japan and development partners, bringing together African leaders, investors, and multilateral institutions.

The summit seeks to foster sustainable economic growth across Africa and strengthen cross-continental partnerships.

Mr Tinubu’s presence marks his first official visit to Japan since taking office in May 2023, underscoring Nigeria’s commitment to deeper Japan-Africa economic relations.

His attendance further signals Nigeria’s readiness to attract significant private sector investment and global cooperation.

Business Post reported on Wednesday that Nigeria’s booth at the exhibition had been left unmanned, leading to some concerned citizens stepping in to dialogue with participants at the summit. This led to outrage on social media.

According to an update on Thursday, the booth was opened with Nigerian official speaking to participants and businesses at the summit which concludes on Friday, August 22.