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Collaboration, Tech And Resilience—Nigeria's Playbook For Long-Term Prosperity Unveiled (Session II)

Collaboration, Tech And Resilience—Nigeria's Playbook For Long-Term Prosperity Unveiled (Session II)

Nordic panel session 2 Delegates

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At the 2025 Nordic-Nigeria Connect forum, the second panel, themed "Capital & Collaborations: Lessons For Succeeding in Nigeria", gathered experts at the Continental Hotel, Victoria Island. They examined the evolving reforms and barriers influencing investment and sustainable growth.

Speakers emphasised that Nigeria's future depends on turning ambition into action, by dismantling entry barriers, modernising logistics, and nurturing business environments rooted in trust, innovation, and long-term commitment.

Unlocking Growth: The Power of Partnership, Logistics, and Trust

Nigeria stands at a critical crossroads, no longer content with untapped potential. This was the mainstay of leaders from policy, industry, and finance who charted practical solutions for inclusive growth.

Nordic investors, development financiers, and government reformers spoke openly: doing business in Nigeria remains tough but is improving through shared commitment to reform.

Panellists spotlighted progress in free zones, customs digitisation, port upgrades, and industrial clustering, while identifying bottlenecks to unlock trillions in SME credit. Gender inclusion, workforce development, and transparent regulation emerged as key levers for competitiveness.

From climate finance to local-global partnerships, the session concluded that Nigeria's transformation depends on trust, embedding transparency, accountability, and collaboration to position the nation as a continental model for sustainable, future-ready business.

From Barriers to Business – Nigeria Unpacks the Entry Challenge

Panellists acknowledged historic investor hesitation: "How do I make sense of this huge, complex country?" Delays, red tape, infrastructure gaps, and policy uncertainty have long scared off global players.

But as one Adesuwa Lodoja noted, free zones and plug-and-play industrial parks are closing those gaps with streamlined customs, efficient road links, and single-window regulation.

Adesuwa Ladoja, MD/CEO Lagos Free Zone
Adesuwa Ladoja, MD/CEO Lagos Free Zone

Collaboration and Capital – What Actually Works on the Ground

Nordic-African partnerships, blended finance, and patient equity are driving new investments.

The Development Bank of Nigeria's model brought $2.5 billion in loans to over 860,000 small businesses, 70% of them women owned.

Nordic funds, meanwhile, are backing plastic recycling, green cement, solar, and value-added food industries.

LeverReform/InnovationMeasurable Impact
Free ZonesOne-stop regulation, transitFaster exports, less admin
Climate FinanceBlended & concessional toolsJob creation, emission cuts
Up-skillingWomen in business, local talentHigh loan repayment, equity inclusion

Infrastructure, Inclusion, and Green Growth – The Competitive Edge

The logistics sector emerged as both a barrier and an opportunity: digitalised customs, collaborations with unions, and fully connected value chains can slash costs, speed shipments, and create jobs. Investment in health, education, and rural logistics, alongside private hospital expansion and modern e-commerce, is forging a more inclusive growth path.

SectorCurrent ConstraintSustainable Solution
Ports/CustomsManual, costly, slowe-gov, single window
HealthUrban-focused financeRural clinics, PPP models
TradeFragmented distributionUnified national network

Trust, Transparency, and Scale – Blueprint for the Next Decade

The summit's closing consensus: Investors will come and stay, where transparency is real and public-private trust is built over time.

"Don't just talk about the problems. Build, test, scale," was the challenge to all. A call for Nigerian-led, globally connected, gender-equal growth.

Key ActionResponsible Party2030 Target
TransparencyGovernment, industry, mediaTop-3 in Africa
Capacity-BuildUniversities, finance, logistics1M new jobs
Investment MixLocal & global capital$100B annually

Nigeria's Winning Investment Equation

PillarWhat it DeliversWhy it Matters
Modern LogisticsFaster, cheaper tradeSME/EXPORT GROWTH
Risk-Sharing CapMore bankable projectsScalable finance
Trust CulturePredictable partnershipLong-term capital

Path Forward – Turning Reform Into Prosperity

Nigeria's investment future rests on inclusion, efficient logistics, green value chains, and renewed trust. True progress demands collaboration and transparency that move beyond policy statements into real outcomes.

From digitised ports to rural clinics and start-up hubs, visible reforms can turn ambition into shared prosperity—fulfilling the promise long envisioned by citizens, investors, and development partners alike.

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