Nigeria Remains Viable Investment Destination — Lekki Free Zone MD!

Nigeria Remains Viable Investment Destination — Lekki Free Zone MD!

Reported by Marian Opeyemi Fasesan | Sele Media Africa

Despite ongoing economic challenges and investor skepticism, Nigeria still holds strong appeal as a business hub, according to Dai Shunfa, Managing Director of the Lekki Free Zone Development Company (LFZDC).

What We Know:

• Shunfa made the statement during a stakeholders’ forum in Lagos, citing the country’s market size, youthful population, and evolving infrastructure.
• He highlighted the Lekki Free Zone as a model for attracting foreign direct investment through special economic incentives and industrial planning.
• The MD acknowledged the need for improved security, stable policies, and infrastructure upgrades to boost investor confidence.

Quote:

“Nigeria’s fundamentals remain attractive. Investors should look beyond the noise and see the real opportunity.”
— Dai Shunfa, MD, Lekki Free Zone Development Company

Why It Matters:

• Counters the prevailing narrative of capital flight and economic instability.
• Reinforces ongoing efforts to position Nigeria as a regional trade and logistics hub.
• Encourages investor engagement amid global competition for capital.

What to Watch:

New investment inflows into Lekki Industrial Corridor.

• Reforms under the Nigeria Investment Promotion Commission (NIPC).
• Impact of special economic zones on non-oil revenue generation.

Sources:

1. LFZDC Stakeholders’ Forum – Nov. 4, 2025
2. NIPC Investment Digest
3. BusinessDay – “Lekki Free Zone MD: Nigeria remains investor-friendly”

About The Author

Marian Opeyemi Fasesan

editor

Marian Opeyemi Fasesan is a dynamic journalist and editorial leader committed to excellence in news reporting and storytelling. As the Editor-in-Chief of Sele Media Africa, she ensures daily operations run smoothly while upholding the highest editorial standards. With a strong eye for detail and deep understanding of audience engagement, Marian coordinates content across platforms, guiding teams to produce compelling, timely, and credible news. Her leadership reflects the heart of Sele Media Africa’s mission—to inform, inspire, and elevate voices across the continent.

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