By Ayo Kehinde
President Bola Tinubu has hailed the official launch of Lebara Nigeria, describing the company’s entry into the Nigerian market as a strong endorsement of the country’s expanding digital economy and investment climate.
In a statement issued on Saturday by his Special Adviser on Information and Strategy, Bayo Onanuga, the President said Nigeria’s telecommunications sector remains one of the most vibrant segments of the economy, recording a 5.78 percent year-on-year growth in the third quarter of 2025 and contributing over 14 percent to the nation’s Gross Domestic Product (GDP).
President Tinubu noted that Lebara’s launch reflects growing investor confidence in Nigeria as a leading technology and business destination in Africa. He commended the company’s leadership and partners, particularly the Chief Executive Officer, Teniola Stuffman, for their commitment to expanding telecommunications access, strengthening digital infrastructure, and creating employment opportunities for Nigerians.
According to the President, investments in the telecommunications space are crucial to deepening financial inclusion, fostering innovation, and accelerating broad-based economic growth.
He also acknowledged the presence and support of the British High Commission, represented at the event by the Deputy High Commissioner, Johny Baxter. Tinubu said the participation of the British envoy underscores the enduring diplomatic and economic ties between Nigeria and the United Kingdom.
The President further recognised the contributions of the Chairman of the Advisory Board, Bimbo Ashiru, and other board members for their leadership and belief in Nigeria’s growth potential.
He stressed that initiatives such as Lebara Nigeria would contribute meaningfully to job creation, youth empowerment, enterprise development, and the broader diversification of the economy.
Reiterating his administration’s commitment to providing a stable, transparent, and investment-friendly environment, Tinubu assured both local and foreign investors of continued policy support to enable innovation and private enterprise to thrive.
The President wished Lebara Nigeria success as it commences commercial operations and encouraged sustained collaboration between the public and private sectors to advance Nigeria’s digital transformation agenda.
