Tinubu welcomes UK-backed Lebara’s launch in Nigeria, praises telecom growth
President Bola Ahmed Tinubu has welcomed the launch of Lebara Nigeria, emphasizing its importance to the country's digital economy and technological advancement.
President Bola Ahmed Tinubu has expressed strong support for the launch of Lebara Nigeria, asserting that it represents a significant milestone for Nigeria's digital economy. He described the launch as a clear vote of confidence in Nigeria as a prime destination for technology and investment across Africa. His remarks reflect a broader enthusiasm for the potential of Nigeria's telecom industry to drive economic growth.
In his statement, President Tinubu highlighted that the telecommunications sector is not only pivotal to Nigeria's economy but also shows remarkable growth, recording a year-on-year increase of 5.78% in the third quarter of 2025. This sector's performance contributes over 14% to Nigeria’s overall GDP, underscoring its role as a major economic driver. The President's comments indicate a strategic focus on enhancing telecommunications as part of national development efforts.
Additionally, President Tinubu praised the leadership of Lebara Nigeria, particularly CEO Mrs. Teniola Stuffman, for their dedication to improving telecom access in the country. This launch is expected to not only create jobs but also enhance the competitive landscape of the telecom market in Nigeria, ultimately leading to better services for consumers and greater investment opportunities.