President Bola Ahmed Tinubu on Thursday declared that Nigeria is open for business and ready to welcome both local and foreign investors as he officially launched the Sales Office and Experience Centre for the multi-billion-dollar Abuja City Walk development, describing the project as a major milestone under the Renewed Hope Agenda.
Represented by Vice President Kashim Shettima at the ceremony in Abuja, Tinubu said the launch marked not just the opening of a building but the unveiling of “a window to a multi-billion-dollar future” that would redefine the Federal Capital Territory as a global hub for commerce, innovation and modern urban living.
“It is with deep pride and optimism that I welcome you all to the official launch of the sales office and experience centre for the landmark Abuja City Walk project development,” the President said.
“Today, we are not just opening a building; we are unveiling the window to a multi-billion-dollar future. We are presenting a tangible manifestation of our Renewed Hope Agenda, sculpted in concrete, innovation and unwavering determination.”
Tinubu recalled that his administration had pledged economic transformation and infrastructure renewal upon assuming office, stressing that the project demonstrates the government’s resolve to fulfil those promises.
According to him, the Abuja City Walk development, situated along the Abuja Airport Expressway corridor, is one of the most ambitious private-sector investment projects in Nigeria’s history and will become the country’s foremost gateway to the world.
While inspired by globally acclaimed developments such as Dubai City Walk, the President said the project had been adapted to Nigeria’s unique environment and aspirations.
“This experience centre stands as proof that our administration does not just make promises; we execute them with determination,” he said.
Tinubu noted that sustainable national development could only be achieved through strong collaboration between government and the private sector, describing the Abuja City Walk as a shining example of such partnership.
He disclosed that granting the corridor Free Trade Zone status would eliminate trade bottlenecks and encourage regional commerce, medical tourism, premium retail businesses and high-end hospitality investments.
The President assured investors that Nigeria remains committed to creating a secure investment climate.
“Let me reassure both domestic and international investors: Nigeria is open for business, and your investments are safe. Our legal, physical and financial frameworks are continuously being optimised to protect capital, guarantee returns and eliminate unnecessary administrative bottlenecks,” he said.
Tinubu commended the Minister of the Federal Capital Territory (FCT), Barr. Nyesom Wike, for reviving the long-abandoned Abuja Technology Village corridor through decisive reforms and efficient land administration.
“For 20 years, the Abuja Technology Village corridor lay dormant. Today, through aggressive land administration reforms and the eradication of bureaucratic inertia, it is being transformed into a bustling construction hub,” he stated.
He added that the administration had ended the era of land speculation and abandoned projects in Abuja, insisting that land should serve as a catalyst for development rather than speculation.
The President charged the FCT Administration and the project developers, Master International Links, to ensure that the launch of the experience centre translates into rapid physical construction.
Beyond its luxury residences, five-star hotels and commercial towers, Tinubu said the project would create tens of thousands of direct and indirect jobs for engineers, artisans, professionals and young Nigerians while stimulating supply chains across the FCT and neighbouring states.
