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A formal awards banquet with attendees in evening attire seated at decorated tables in a stage-lit ballroom.
Economy & Business

Keyamo declares Nigeria open for business at TEBA 2026 awards

A formal awards banquet with attendees in evening attire seated at decorated tables in a stage-lit ballroom.

Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, has used the platform of the TEBA 2026 awards ceremony to reaffirm the federal government’s commitment to making the country an attractive destination for foreign investment and expatriate enterprise.

According to Vanguard News, Keyamo told attendees at the event that Nigeria remains open for business, a message that has been a recurring theme in official communications under the current administration as the country courts capital and expertise across multiple sectors of the economy.

The TEBA ceremony recognised foreign business operators and professionals who have made notable contributions to the Nigerian economy, as Vanguard News reported. Such events have become a regular fixture in Nigeria’s business calendar, celebrating the role of expatriates in sectors ranging from oil and gas to manufacturing, technology, finance, and hospitality.

A broader investment push

Nigeria, Africa’s most populous nation and largest economy by GDP, has in recent years rolled out reforms aimed at improving the ease of doing business and attracting foreign direct investment. Keyamo, a Senior Advocate of Nigeria and prominent figure in the governing All Progressives Congress, has been one of several cabinet members tasked with communicating the government’s reform agenda to international audiences.

The minister previously held a ministerial portfolio in information before moving to the aviation brief, and is known for his outspoken public commentary. His appearance at the expatriate awards reflects the wider effort to court foreign professionals whose skills and capital are seen as central to Nigeria’s development ambitions.

Government officials have continued to point to opportunities in infrastructure, energy, aviation, and the digital economy as priority areas for foreign participation, while stressing reforms to regulatory frameworks and the protection of investments.

Sources

This report was written from coverage published by the following news organisations. Follow the links for the original reporting.

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