Creative Industry

New Sheriff In Town: Wike Champions First Abuja Investment Summit & Expo 2023

Published

3 years ago

October 20, 2023

Joel Ajayi

The maiden edition of the Abuja Investment Summit and Expo 2023 takes off in the Federal Capital Tuesday 14th – Wednesday 15th November, 2023, as Minister of the Federal Capital Territory, Barr. Nyesom Wike champions the Annual event to unlock the abundant investment opportunities of the territory for greater economic and industrial growth of the city.

In a statement signed by MNIPR, MITPNDirector, of Communications Ahmed Mohammed Sule on Thursday in Abuja, stated that the Summit and Expo is coming on the heels of Wike’s resolve as Minister of the Federal Capital Territory to make a difference in improved infrastructure, security, and socio service provisions for inhabitants of the Federal capital city and its environs, against the backdrop of the Renewed Hope Agenda of President Bola Ahmed Tinubu.

Scheduled to hold at the Velodrome, Package ‘A’ of the M.K.O. Abiola National Stadium Abuja, the Abuja Investment Summit and Expo christened: ‘Unlocking the Investment Opportunities of Abuja, the Federal Capital Territory is made up of two sessions; The Summit, which will be an interactive session to examine and explore critical areas of investment opportunities in the FCT by expert speakers and panel of discussants.

The other is the Exhibition aspect which provides the window for FCTA Mandate Secretariats and their Agencies, Departments, and Units, allied exhibitors from Federal Ministries, Departments and Agencies (MDAs) as well as Organized Private Sector (OPS) companies, firms and corporate organizations to showcase their businesses and projects with the view to attracting investors for a collaborative partnership to grow their respective sectors.

According to highlights made available to the press on the essence of the Summit and Expo, they include; the promotion and marketing of the Federal Capital Territory as a safe investment destination in Africa, the creation of a platform for networking, knowledge-sharing, and collaboration among investors, entrepreneurs, government officials and other stakeholders and the showcasing of the potentials of Abuja as an investment destination, in addition to portraying the city’s socio-economic and cultural strengths.

As an annual event of impeccable repute and global standards, organizers say the Abuja Investment Summit and Expo 2023 seeks to showcase the potential of Abuja as an investment destination, create a platform for networking and collaboration as well and promote economic growth that will boost Internally Generated Revenue (IGR) and development in the city.

Adding that events and activities lined up for the two-day program are meant to awaken the economic potential of the Federal Capital Territory through the provision of a series of action-oriented and implementable dialogues with multi-faceted stakeholders invited as investors, speakers, panelists, and exhibitors to the Summit and Expo

Indicators from the Organizing Secretariat of the Abuja Investment Summit and Expo revealed quite a number of Ministers have signified their intentions to lead their Agencies and parastatals to the Summit and leverage the opportunities it presents to showcase their sectoral mandates in stimulating investments for the economic growth and development of not only the Federal Capital Territory but the country as a whole.

The Federal Capital Territory Secretariats as primary targets will be showcasing viable Public-Private-Partnership (PPP) projects offering opportunities for investors to leverage on the various business attractions from both the government and individual stakeholders who will be in attendance and to afford financing opportunities for credible investors to access funding for various sector involvements including InfoTech, Agricultural and Agro-processing, Oil and Gas, Mining, Road and Building Projects, Health, Transport, Tourism and Hospitality, Real Estate and Property development and a myriad of Infrastructural Development projects

Worthy of note, as posited by the Organizing Committee, is that the benefits to the FCT is that the Summit and Expo will help boost developmental activities in Abuja and its environs; create of over 500,000 job opportunities for the Abuja populace and its environs; drive the socio-economic growth of the Federal Capital Territory, which is a fundamental aspect of the ‘Renewed Hope’ mantra of President’s Tinubu’s administration

It is expected that the Abuja Investment Summit and Expo will objectively result in stimulating deals and securing transactions for the accelerated economic development of the FCT in industrialization and manufacturing, creation of economic zones and industrial parks, trade logistics for regional integration, structural transformation for private sector competitiveness, skill development and job creation among others.

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Creative Industry

NTDA, LEXLUC Sign MoU to Unlock Nigeria’s Domestic Tourism Potential

Published

3 days ago

October 23, 2026

The Gleamer

Cyril Ogar

The Nigerian Tourism Development Authority (NTDA) has signed a Memorandum of Understanding (MoU) with LEXLUC Global Services and Tours Ltd. to promote domestic tourism, cultural heritage and destination awareness across Nigeria.

The agreement establishes a framework for implementing and expanding the Meet My Town, Know My State tourism initiative, which aims to encourage Nigerians to explore destinations within the country, learn about their cultural heritage and support greater community participation in tourism.

Speaking at the signing, Chief Executive Officer of LEXLUC Global Services and Tours Ltd., Mr Oluwole Ajayi, said the initiative was developed to help Nigeria harness its tourism potential, attract investment and create more opportunities within the sector.

“Tourism is number one employer worldwide. Whether we like it or not, we have to key into it and make sure it becomes the number one employer in Nigeria, too,” Ajayi said.

He also referenced plans for a proposed West African Jollof Rice Championship and Tourism Festival, which he said could complement the initiative’s broader objectives. The proposed event is expected to form part of future tourism activities, subject to the necessary planning and approvals.

Ajayi expressed confidence that the collaboration with NTDA would help advance the initiative and attract investors to Nigeria’s tourism industry.

Director-General of NTDA, Mr Ola Awakan, said the partnership alignes with the authority’s mandate to promote and develop tourism, noting that collaboration with the private sector was important to the sector’s growth.

“It’s a laudable project. We are going to give you national and institutional backing. You are also helping us achieve our mandate, and we are helping you to bring your idea to fruition. So, it is a win-win situation. All of this is in the interest of Nigeria,” Awakan said.

He commended Ajayi for sustaining the initiative and reaffirmed NTDA’s commitment to supporting its objectives within the authority’s mandate.

The Meet My Town, Know My State initiative is designed to raise awareness of Nigeria’s destinations, promote cultural heritage and encourage domestic travel. Its activities may include organised tours, tourism education, awareness campaigns, events and stakeholder engagements across the country.

Under the MoU, LEXLUC will coordinate and implement approved activities, develop tourism packages, mobilise sponsorship and partnerships, and report on progress. NTDA will provide relevant tourism information, institutional coordination, policy guidance and support for stakeholder engagement, subject to its mandate and applicable approval processes.

The signing was coordinated by Head of Legal Services at NTDA, Olufunke Soleye, and Head of Legal at LEXLUC, Mary Oluwatoyin Noibi-Edoze. Director of the Marketing and Promotions Department at NTDA, Mr Olufemi Akinyele, was also present alongside staff members of the department.

The agreement establishes a framework for cooperation between the two organisations to expand awareness of Nigeria’s tourism offerings and encourage greater participation in domestic tourism.

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