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International Conference on African Development (TICAD9): Tinubu Aims for $1 Billion in Trade and Investment

Nigeria's attendance at the Tokyo International Conference on African Development (TICAD9) is firmly based on a daring $1 billion commitment, as stated by President Bola Tinubu.

International Summit TICAD9 Sets Ambitious Goal for Trade and Investment at $1 Billion, Pursued by...
International Summit TICAD9 Sets Ambitious Goal for Trade and Investment at $1 Billion, Pursued by Nigerian President Tinubu

International Conference on African Development (TICAD9): Tinubu Aims for $1 Billion in Trade and Investment

President Bola Tinubu Attends TICAD9, Emphasizing Nigeria's Leadership and Strategic Engagement

President Bola Tinubu has made his first official visit to Japan since taking office in May 2023, attending the Tokyo International Conference on African Development (TICAD9). The summit, jointly organized by Japan and development partners, aims to foster sustainable economic growth across Africa and strengthen cross-continental partnerships.

In a statement, President Tinubu described TICAD9 as a platform for long-term partnerships, built on innovation, trust, and talent. He reaffirmed Nigeria's leadership in Africa's development and declared that the nation is prepared to lead from the front. The President also stated that the participation aims to unlock over $1 billion in trade and investment.

Tinubu's attendance at TICAD9 underscores Nigeria's commitment to deeper Japan-Africa economic relations. He described Nigeria's engagement at TICAD9 as strategic and deliberate, rather than ceremonial. The visit aims to drive green innovation, foster industrial growth, and reinforce Nigeria as West Africa's gateway.

The most important partners involved in organizing TICAD9 include the Japanese government, Japanese companies especially trading houses, and African countries. The summit brings together African leaders, investors, and multilateral institutions, with a strong focus on sustainable development, business engagement, and human resource development in Africa.

President Tinubu is leading a high-powered delegation to the conference in Yokohama, Japan. In a post on his verified X handle, @officialABAT, he shared his excitement about the opportunity to engage with leaders and stakeholders from around the world. The participation is anchored on a $1 billion trade and investment goal.

Tinubu stated that the summit is a launchpad for lasting development and global collaboration, anchored on technology, trust, and talent. His presence at TICAD9 further signals Nigeria's readiness to attract significant private sector investment and global cooperation. The event, which runs from 27 to 29 August 2023, promises to be a significant milestone in the ongoing efforts to strengthen Africa's economic growth and global partnerships.

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