Former presidential candidate Peter Obi has described Nigeria as Africa’s leading investment destination, highlighting its youthful population and vast economic potential.

Obi spoke at the 4th Africa Day event organised by the Club des Entrepreneurs Monégasques en Afrique (CEMA) in Monaco on November 17, stressing that Africa remains the “continent of tomorrow” due to its abundant human and natural resources.

He noted that by 2050, Nigeria’s population is projected to reach about 320 million, with around 200 million youths poised to drive innovation, productivity, and economic growth.

Obi emphasized that the country’s long-term success depends on leaders with capacity, compassion, character, and commitment to implement effective policies while reducing waste and corruption.

“With firm investment in critical areas such as security, health, education, and poverty alleviation, Nigeria can grow its economy to about $2 trillion by 2050, achieving a per capita income of around $7,000,” Obi said.

He also highlighted that sustaining this growth trajectory could position Nigeria to meet Goldman Sachs’ projections of a $13 trillion GDP and $30,000 per capita by 2075.

Obi concluded by urging investors to see Nigeria as their gateway to Africa, emphasizing the immense opportunities that lie ahead and expressing optimism for a new, prosperous Nigeria and Africa.