Nigeria's Future Hinges on Sustainable Investments, Says Anambra Governor Chukwuma Soludo

Written on 17/10/2024
Leadership NG

Chukwuma Soludo, former Central Bank of Nigeria governor and current Anambra State governor emphasized the critical need for sustainable investments to secure Nigeria's future.

Speaking at the first Abuja Business and Investment Summit themed "Optimising Investment Through Partnership," he highlighted that such investments are essential for the nation to lead in the 21st-century global economy.

Soludo urged stakeholders to focus on strategic investments that would shape the country's path forward, positioning Nigeria as a key player on the global stage.



The governor noted the importance of understanding the global context in which investment decisions are made. “Investments don’t happen in a vacuum. They happen within a context,” he said, urging participants to consider global megatrends and their impact on Nigeria’s investment landscape.

He pointed to demographic shifts and urbanization as crucial factors shaping global investments. Specifically, Soludo highlighted aging populations in Europe and North America as an opportunity for Nigeria, which boasts Africa’s most significant and youngest population.

“This offers an opportunity for Nigeria to supply labor and innovation to aging economies,” he said, adding that if Nigeria can harness its demographic advantage, it could meet global labor demands. “While some European countries may be closing their borders, we are coming,” he said.

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