Enugu governor, Dr. Peter Mbah, has ignited the interest of prospective investors, assuring a return of investment ranging between 25- 40 percent. The governor stated this at the UK-Nigeria Project Agglomeration Compact 2026, expressing the readiness to key into opportunities across various sectors of the state’s economy. “We have numerous projects that have been curated for international investors: the international airport currently being expanded in Enugu is designed to serve a regional population of approximately 30 million people, thus transforming Enugu into a gateway for the entire southeast economic corridor, linking surrounding states whose economies are themselves growing rapidly. “In tourism and hospitality, Enugu’s natural landscape, a hill-top city surrounded by waterfalls, caves and remarkable scenery, is being repositioned as a destination for both leisure and business travel. New hotels, a conference centre and revitalised resorts are being developed to support this vision,” he said.
He said President Bola Tinubu’s reforms have empowered states to act as economic engines in their own right.
“Importantly also, under President Tinubu’s leadership, bold reforms have been implemented to restore macroeconomic stability and improve investor confidence. The foreign exchange market has been unified, fiscal reforms are strengthening transparency, and the Nigeria Tax Act is helping to create a modern fiscal architecture designed to support long-term investment,” he added.
He said Tinubu’s UK visit signaled a paradigm shift that now enables subnational governments to also drive economic growth.
“For Nigeria, it signals a new era in which sub-national governments are not simply administrators, but active stewards of economic growth.
“For investors, it marks an opportunity to engage not only with a country, but with dynamic regions within that country that are building credible, bankable opportunities,” he said.