Nigeria attracted about 65 per cent of its recent foreign capital inflows from United Kingdom investors over the past year, with investments including $7.5m into Babban Gona and $40.5m into Johnvent Industries, the Federal Government has said.
The Federal Ministry of Industry, Trade and Investment, in the document titled ‘2025: A Defining Year for Nigeria’s Industry, Trade and Investment’, stated that investors from the United Kingdom contributed significantly to the rising investment inflows in the country.
The document reviewed reforms and outcomes under the Renewed Hope Agenda of President Bola Tinubu.
According to the ministry, the strong UK inflows followed the activation of the UK–Nigeria Enhanced Trade and Investment Partnership and broader reforms aimed at restoring investor confidence and improving market access.
“UK investors now account for approximately 65 per cent of recent inflows, including $7.5m into Babban Gona and $40.5m into Johnvent Industries,” the trade ministry, led by Jumoke Oduwole, stated.
It described the investment growth as evidence of renewed confidence in Nigeria’s reform trajectory. The ministry noted that 2025 marked a defining phase in Nigeria’s economic repositioning, as coordinated reforms across investment attraction, trade expansion, and institutional strengthening translated policy intent into measurable outcomes.
