Governor of Enugu State, Dr Peter Mbah, has intensified moves to attract foreign investment into the state, stating that prospective investors are expressing readiness to key into opportunities across various economic sectors.

Mbah said investors should expect between 25 and 40 per cent return on their investments, noting that global manufacturers and international partners were already establishing a presence in the state, recognising its strategic position as well as the opportunities and reform agenda that were underway.

The governor, who was on President Bola Tinubu’s entourage during the state visit to the United Kingdom (UK), spoke at the UK-Nigeria Project Agglomeration Compact 2026, delivered by Mutandis Africa, a pan-African investment and trade facilitation platform in collaboration with the Dr Zacch Adedeji-led Nigeria Revenue Service (NRS), in the House of Lords on the sidelines of the President’s visit.

The investment forum brought Enugu State, senior Federal Government officials, and private sector leaders to engage directly with the UK’s senior investor community, including private equity funds, sovereign wealth investors, development finance institutions, infrastructure platforms, pension capital, and family offices.

He said: “We have numerous projects that have been curated for international investors: the international airport currently being expanded in Enugu is designed to serve a regional population of approximately 30 million people, thus transforming Enugu into a gateway for the entire southeast economic corridor, linking surrounding states whose economies are themselves growing rapidly.

“In tourism and hospitality, Enugu’s natural landscape, a hill-top city surrounded by waterfalls, caves, and remarkable scenery, is being repositioned as a destination for both leisure and business travel. New hotels, a conference centre, and revitalised resorts are being developed to support this vision.

“In agriculture, we are modernising production through agritech and commercial farming initiatives that strengthen food security while building export-oriented value chains.

“Power drives every modern economy. Today, more than 50 per cent of the region still lacks reliable electricity, creating an opportunity to deliver dependable power to over 15 million people.