The ruling All Progressives Congress (APC) has revealed that Nigeria has secured over $50 billion in Foreign Direct Investment (FDI) commitments as a direct outcome of President Bola Ahmed Tinubu’s sustained global diplomatic and economic engagements since assuming office in May 2023.

The National Chairman of the party, Professor Nentawe Yilwatda, in a statement on Tuesday, said the milestone validates President Tinubu’s international outreach, describing it as a deliberate and results-driven strategy aimed at repositioning Nigeria as a prime global investment destination.

According to Yilwatda, the $50 billion in investment commitments spans energy, manufacturing, infrastructure, agriculture, logistics, and technology, and is expected to translate into capital inflows, job creation, industrial expansion, and critical technology transfer.

“These figures are not speculative. They represent serious investment commitments secured through high-level engagements with governments, multinational corporations, and global financial institutions,” Yilwatda said.

In a statement by his aide on Media and Communications Strategy, Mr. Abimbola Tooki, he explained that President Tinubu’s foreign engagements—spanning Africa, Europe, the Middle East, Asia, and the Americas—have gone beyond diplomacy, focusing squarely on economic recovery, trade expansion, and long-term growth.

Countries engaged include the United States, United Kingdom, France, Germany, China, India, Saudi Arabia, Qatar, Brazil, among others, with discussions centred on unlocking private capital and strengthening bilateral and multilateral economic partnerships.

Yilwatda noted that one of the most significant outcomes of these efforts is the Comprehensive Economic Partnership Agreement with the United Arab Emirates, which is expected to deepen trade flows and boost investment in critical sectors such as energy, agriculture, and infrastructure.

Responding to critics who have questioned the frequency of the President’s international travels, the APC Chairman dismissed such arguments as economically myopic.

“Those who reduce these strategic missions to travel costs without accounting for the $50 billion investment pipeline they have generated are missing the fundamentals of economic diplomacy,” he said.

He stressed that Nigeria’s ongoing reforms, combined with aggressive investor engagement, are already restoring confidence in the economy and repositioning the country within global capital markets.

“President Tinubu has demonstrated the political will to pursue reforms and the credibility to attract global capital. These investments will not only strengthen the economy but improve livelihoods as they materialise,” Yilwatda added.

The APC Chairman urged Nigerians to remain patient and supportive, assuring that the investment commitments will increasingly translate into visible economic outcomes.

He reaffirmed the party’s commitment to ensuring that Nigeria’s global partnerships deliver measurable benefits in growth, employment, and shared prosperity for all citizens.