Ogun-based businessman and chairman of IBD Hotels International, Chief Ibrahim Dende Egungbohun, has called on international investors to prioritise Nigeria, describing the country as a leading investment deChief Ibrahim Dende Egungbohunstination in Africa.

Egungbohun made the call after receiving the Hospitality and Leisure Business Leader of the Year award at the 11th Annual London Political Summit and Awards 2026.

He said Nigerian businesses had the capacity to compete with international brands through ingenuity, dedication and a commitment to excellence.

The summit and awards ceremony took place on Wednesday, 14 October, at the Copthorne Tara Hotel in Kensington, London, bringing together diplomats, political figures and corporate leaders from different parts of the world.
Speaking at the event,

Egungbohun urged investors to recognise Nigeria’s economic potential and consider the country a priority destination for investment.

He also called for stronger partnerships between African countries and the international community, particularly in the hospitality and tourism sectors.

According to him, the hospitality industry cannot achieve its full potential in isolation from tourism, stressing the need for African governments to invest more in tourism infrastructure and development.

He said greater collaboration between the two sectors would help strengthen economic growth, create opportunities and improve Africa’s position in the global tourism market.

Egungbohun pledged to sustain his commitment to providing world-class hospitality services, adding that his ambition was to raise service standards and strengthen the competitiveness of Nigeria’s hospitality industry.

He noted that Nigerian businesses can compete with international brands through innovation and dedication.

The Hospitality and Leisure Business Leader of the Year award recognises his contributions to the sector through business innovation, investment and a focus on service delivery.

At the presentation, the IBD Hotels International chairman was commended for his resilience, visionary leadership and efforts to promote partnerships capable of advancing cross-border socio-economic development.
The summit was held under the theme, “Recognising Leadership, Creating Partnership and Advancing Peace, Trade and Sustainable Development”.

It was chaired by Professor Kishan Devani BEM, FRSA, who highlighted the importance of recognising leaders whose work connects economic growth with sustainable business practices and international cooperation.

The London Political Summit and Awards is an international platform that recognises leadership and promotes collaboration in support of peace, trade and sustainable economic development.