The World Integrated Economic Growth Initiative (WIEG) is set to convene an investment summit in Lagos on February 25 and 26, targeting significant investments exceeding $500 million in sectors including creative industries, small and medium-sized enterprises (SMEs), energy transition, and aviation. Lead Consultant Bassey Essien announced that the summit has already attracted commitments from around 20 prominent investors primarily from Malaysia and other Asian countries.

Essien emphasized the importance of this summit as a milestone in a series of events aimed at unlocking sustainable investments for Nigeria’s economic transformation. The theme for the summit, 'Nigeria’s Next Frontier: Unlocking Sustainable Investments for Economic Transformation,' highlights a strategic approach to economic growth through foreign investment. This initiative signifies the growing connections between Nigeria and its international partners, especially given Malaysia's status as a major trading partner.

The summit seeks to not only facilitate funding but also foster collaboration and innovation among investors and local stakeholders in diverse sectors, aiming for a transformative impact in the Nigerian economy. As Nigeria continues to navigate its path towards economic recovery and diversification, events like these are crucial in attracting the necessary capital and expertise needed to stimulate growth and development across various industries.