Nigeria: Tinubu Hails Lebara Nigeria's Launch, Says Entry Strong Vote of Confidence in Digital Economy
Nigerian President Bola Ahmed Tinubu has praised the launch of Lebara Nigeria as a significant endorsement of the country's digital economy.
President Bola Ahmed Tinubu of Nigeria has officially welcomed the launch of Lebara Nigeria, advocating that this development reflects a strong vote of confidence in Nigeria's burgeoning digital economy. He emphasized the telecommunications sector's vitality, noting that it has seen a year-on-year growth of 5.78% in the third quarter of 2025 and has contributed significantly to the nation's GDP, accounting for over 14%. Tinubu's statement, communicated through his Special Adviser on Information and Strategy, Mr. Bayo Onanuga, highlighted the importance of such investments in bolstering Nigeria's position as a leading tech and investment hub in Africa.
The president congratulated the leadership of Lebara Nigeria, especially their CEO, Mrs. Teniola Stuffman, recognizing their efforts towards expanding telecommunications access and enhancing Nigeria's digital infrastructure. Tinubu pointed out that initiatives like this are crucial not just for economic growth, but also for the creation of employment opportunities, which are vital for the nation’s youth. With the telecommunications sector being a key driver of economic growth in Nigeria, the government sees such private sector advancements as pivotal for further development.
In essence, the launch of Lebara Nigeria comes at a time when the Nigerian economy is seeking to solidify its status in the African tech landscape, particularly amidst global shifts towards digital technology and infrastructure investment. This step is viewed not only as a confidence boost for the telecommunications field but also as an integral part of Nigeria's strategy to attract more foreign investments and enhance the country's overall economic landscape.