Harrisn Edeh
WOODHALL Capital is mobilising $50 billion from investors globally to bolster investments across Nigeria.
Speaking at one day Pre- Investor Forum organised by Woodhall Capital at the Presidential Villa, Abuja, on Friday, President of Woodhall Capital, Ms Mojisola Hunponu-Wusu, said the conference was part of the firm’s efforts aimed at raising at least $50 billion in global investments to support national and subnational development projects across Nigeria.
Ms Hunponu-Wusu outlined an ambitious multi-city investment roadshow aimed at unlocking financing for large-scale infrastructure and energy projects through strategic partnerships in London, Dubai, and Abu Dhabi.
She noted that Woodhall Capital had already raised $6 billion over the past 11 years and was working on a single $1 billion transaction.
READ ALSO: Four charts showing impact of Tinubu’s policies on Nigerians
She revealed that this was one of several major deals in the pipeline captured within the newly launched ‘Investopedia’ platform, which showcases an estimated N10 trillion worth of investment-ready projects at the subnational level.
“We’re working on a single $1 billion transaction at the moment. If one deal is worth that much and it’s not even one of the main ones, you can imagine the scale of opportunities within Investopedia,” she said at the event themed, ‘Facilitating intra-African Trade and Investment: Unlocking The Potential of African Direct Investments (ADI) and Foreign Direct Investments (FDI) For Sustainable Growth.’ The event was organised in collaboration with the Nigeria Governors’ Forum.
Ms Hunponu-Wusu further disclosed that the first leg of the roadshow in London was targeted at raising about $10 billion, while Dubai, focused on private sector financing, could yield at least $20 billion, leveraging the prevailing low-interest environment in the Middle East to secure favourable terms for Nigerian states.
She added that discussions with the United Arab Emirates (UAE) government in Abu Dhabi, which would lean on government-to-government funding, had opened the door for potentially securing $50 billion in commitments.
As part of this engagement, Woodhall Capital has pledged to open an office in Abu Dhabi by the end of the year to deepen international investment relations.
“We said to them, if you invite us, we’ll open an office in Abu Dhabi. And we told them, if we do that, you must put $50 billion on the line. They said, ‘Come, let’s talk and see how we can work together,’” she disclosed.
Nigeria, an investors’ haven
Meanwhile, Nigeria’s Vice President, Mr Kashim Shettima, noted that the nation had become an investors’ haven owing to the ongoing economic reforms of President Bola Tinubu.
Shettima, who was represented by Deputy Chief of Staff to the President, Office of the Vice President, Mr Ibrahim Hadejia, said the recent positive ratings of Nigeria’s economy had convinced investors that the nation was moving in the right direction.
FitchRatings recently affirmed Nigeria’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B’, with a Stable Outlook. The agency said the ratings were supported by its large economy, a relatively developed and liquid domestic debt market, large oil and gas reserves and an improved monetary and exchange rate policy framework.
READ ALSO: Tinubu’s policies sustain stock market rally as investors count their millions
In May, Moody’s had upgraded Nigeria’s rating by a notch to ‘B3’ from ‘Caa1,’ citing significant improvements in the country’s external and fiscal positions.
The nation’s foreign exchange (FX) reserves have climbed to a five-year high of $43.4 billion, according to the Central Bank of Nigeria (CBN). Nigeria’s headline inflation rate slowed to 18.02 percent in September 2025, lower than 32.70 percent.
The naira has been largely stable and foreign portfolio investments are drifting into the economy.
Shettima noted that the current macroeconomic outlook, enabled by President Bola Tinubu’s reforms, was an indication that Nigeria’s economy was firmly on the path of recovery.
“The IMF had revised Nigeria’s 2025 growth forecast upward — from 3.4 percent to 3.9 percent and 4.2 percent in 2026. This upgrade, announced at the World Bank–IMF Annual Meetings, reflects renewed global confidence in Nigeria’s reform-driven recovery.”
He also attributed the positive outlook to the federal government support for agriculture, manufacturing, and President Tinubu’s unwavering commitment to improving citizens’ purchasing power.
Zahra Mustapha, Director General of Presidential Enabling Business Environment Council (PEBEC), highlighted the role of the Council and its State Action on Business Enabling Reforms (SABER) programme, funded by the World Bank, which works closely with all 36 state governments to improve the business climate.
“Nigeria is ready for investment. Our subnational governments are ready. Our governors are excited about expanding the scope of investments within their states and creating an enabling environment for both local businesses and foreign direct investment to thrive,” she said.
She praised the coordinated efforts of the Nigerian government, the Nigeria Governors’ Forum, and private-sector leaders in projecting Nigeria as a prime investment destination.
“It’s a great time to be Nigerian. It’s a great time to invest in Nigeria. The market is open, and the commitment from the President, the Vice President, and the subnational governments is clear,” she added.
