Monday, November 2, 2026

Abuja open to foreign direct investment, says Minister Mariya Mahmoud

Ms Mahmoud stated this at the close of the Africa International Trade Exhibition Summit in Midtown, New York, United States of America.

• September 25, 2023
FCT minister of state Mariya Mahmoud with FCT minister Nyesom Wike
FCT minister of state Mariya Mahmoud with FCT minister Nyesom Wike [Photo: Abuja]

Mariya Mahmoud, minister of state of the FCT, says Abuja is open to foreign investors.

Ms Mahmoud stated this at the close of the Africa International Trade Exhibition Summit in Midtown, New York, United States of America.

In a statement on Sunday, the minister said the summit provided an opportunity to attract investors to FCT. 

The minister, who represented FCT minister Nyesom Wike, assured investors that the FCT Administration would develop economic policies and programmes to create a conducive business environment for investors.

Ms Mahmoud listed agriculture, tourism, infrastructure development, transportation, healthcare, waste management and hospitality industry as critical areas for investment in the FCT.

The minister also called for huge investment in affordable housing, noting that the FCTA is determined to improve the socio-economic status of the masses in line with the renewed hope agenda of the present administration.

Ms Mahmoud explained that the participation of FCTA in the investment summit has opened more opportunities for foreign direct investment. She added that the Abuja Investment Company Limited and Abuja Infrastructure Investment Centre would drive the initiative for easy implementation.

“The summit offered us the opportunity to present investment opportunities in the FCT, particularly agriculture. It was a platform to call on our people, especially the people in diaspora to come on board and assist us to tackle the issue of food insecurity,” said Ms Mahmoud.

Ms Mahmoud added, “We also have tourism, infrastructure development, transportation, healthcare, waste management and hospitality industry. All these are areas that people can come and invest in, and we really need collaboration and public partnership because, without collaboration without partnership, we cannot achieve what we want to achieve.” 

 (NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Nigerian Bar Association

States

Independence: NBA urges Nigerians to expect better future

The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

National Commission for Colleges of Education (NCCE)

Education

NCCE urges Nigerian youths to choose colleges of education as first choice

NCCE urged prospective students to consider colleges of education as their first choice when seeking admission into tertiary institutions.

Tinubu and Peter Mbah

Politics

Enugu commissioner mobilises women for Tinubu, Mbah’s re-election

Benedette Okoli urged women to mobilise support for President Bola Tinubu and Governor Peter Mbah in 2027.

Crashed jet in Florida

World

Nine people killed in U.S. plane crash

The Learjet 60 aircraft was travelling to the Bahamas from Austin, Texas, when it began descending at hundreds of feet per second before crashing.

Hassan Olamilekan

Anti-Corruption

Court jails Lagos teenager Hassan Olamilekan for money laundering

The Federal High Court, Ikoyi Division, has convicted and sentenced internet fraudster Hassan Olamilekan for laundering $800 from a gift card scam.

Police

States

Imo woman in coma after allegedly being pushed off by sister’s boyfriend

A woman is now in a coma at a hospital after falling from a storey building in Mbonu Ejike, Owerri, Imo, after allegedly being pushed by her sister’s boyfriend.

Atiku, lantern in darkness

Politics

Atiku vows to end electricity band system, promises stable power for all Nigerians

Across Nigeria, consumers are placed in Bands A, B, C, D and E and charged different rates. In many areas, Band A customers pay about ₦209.50 per unit before VAT.