President Bola Tinubu has called for West African nations to focus on industrialisation and develop a production-driven regional economy. This statement was made during the inauguration of the new Economic Community of West African States (ECOWAS) headquarters in Abuja, according to Ripples Nigeria.

President Tinubu stated that his government is laying the foundation for Nigeria's prosperity, emphasizing that no community will be neglected during his administration. He expressed a commitment to building what he described as the 'nation of our dreams.'

The Nigeria Extractive Industries Transparency Initiative (NEITI) has cautioned that the country's low transparency rating may discourage foreign investment in its oil, gas, and mining sectors. NEITI emphasized the need for enhanced accountability to attract potential investors.

The European Bank for Reconstruction and Development (EBRD) plans to invest $1.5 billion in Nigeria over the next three years. According to the managing director, these investments aim to facilitate trading activities by providing easier access to pre-import and post-export financing for importers and exporters in the country.

President Bola Tinubu stated that Nigeria is establishing a foundation for prosperity through critical infrastructure projects. He expressed concern over past accidents on the recently repaired Kuje-Gwagwalada road, highlighting the importance of such infrastructure in enhancing safety and development.

The article discusses the significant untapped potential in the agricultural and agro-processing sectors in Nigeria and Africa, particularly in the context of geoeconomic realignment and associated investment risks. It highlights the socioeconomic factors influencing these sectors and the opportunities they present for investment.