Monaco – November 17, 2025: Former presidential candidate Mr. Peter Obi has spotlighted Nigeria as Africa’s premier destination for investment, emphasizing the nation’s youthful workforce, abundant natural resources, and immense economic potential. He made these remarks while addressing international investors and business leaders at the 4th Africa Day event, hosted by the Club des Entrepreneurs Monégasques en Afrique (CEMA) in Monaco.
During his keynote, Obi described Africa as the “continent of tomorrow”, citing its rich human and natural resources as key drivers for sustained growth. He projected that by 2050, Nigeria’s population will reach 320 million, with 200 million young people positioned to fuel innovation, productivity, and transformative economic development.
“Africa’s demographic advantage, if strategically leveraged, can accelerate unprecedented growth,” Obi said. “Nigeria, in particular, presents exceptional opportunities for investment, technological advancement, and long-term value creation.”
Strategic Priorities for National Growth
Obi underscored that Nigeria’s economic trajectory relies on leadership marked by capacity, integrity, and commitment, capable of implementing robust policies while minimizing inefficiencies and corruption. He highlighted security, healthcare, education, and poverty alleviation as priority areas for targeted investment, noting their central role in achieving sustainable development.
“With strategic allocation of resources in these sectors, Nigeria could reach a $2 trillion economy by 2050, with a per capita income of around $7,000,” Obi explained. “Sustaining this growth path could see Nigeria attain a projected $13 trillion GDP by 2075, with per capita income reaching $30,000, consistent with Goldman Sachs’ long-term projections.”
A Call to Global Investors
Obi urged investors to view Nigeria as a gateway to the broader African market, offering opportunities for innovation, expansion, and long-term returns. “I encouraged attendees to consider Africa, and Nigeria specifically, as a platform where vision, strategy, and opportunity converge. The potential ahead is immense,” he stated.
He concluded by expressing optimism for the continent’s future, affirming a “new Nigeria that is possible” and a “new Africa that is possible”, highlighting the transformative impact of strategic investment, forward-thinking leadership, and a motivated, empowered youth population.
