By Musa Ibrahim
President Bola Tinubu has welcomed the official launch of Lebara Nigeria, describing it as a significant endorsement of Nigeria’s digital economy and its growing reputation as a technology and investment hub in Africa.
In a statement released by his Special Adviser on Information and Strategy, Mr. Bayo Onanuga, the President said the telecommunications sector continues to be one of the country’s most vibrant economic drivers. He noted that telecoms recorded 5.78 percent year-on-year growth in Q3 2025, contributing over 14 percent to Nigeria’s Gross Domestic Product (GDP).
President Tinubu congratulated Lebara Nigeria’s leadership, particularly Chief Executive Officer (CEO) Mrs. Teniola Stuffman, for their role in expanding telecommunications access, generating employment, and strengthening the nation’s digital infrastructure. He emphasised that investments of this nature are critical to deepening financial inclusion, enabling innovation, and accelerating sustainable economic growth.
“The launch of Lebara Nigeria reflects growing investor confidence in the reforms being implemented by our administration to stabilise the economy and promote private sector-led development,” he said.
Highlighting the international dimension, the President acknowledged the support of the British High Commission, represented by Deputy High Commissioner Mr. Johny Baxter, noting that such engagement underscores enduring economic and diplomatic ties between Nigeria and the United Kingdom. He said collaborations like these demonstrate Nigeria’s openness to responsible foreign investment and strategic global partnerships that deliver tangible benefits to citizens.
President Tinubu also recognised the contributions of the Advisory Board, led by Chairman Otunba Bimbo Ashiru, for their guidance, expertise, and belief in Nigeria’s growth potential. He stressed that initiatives such as Lebara Nigeria will play a crucial role in job creation, youth empowerment, enterprise development, and broader economic diversification, particularly in the rapidly evolving digital sector.
Reiterating his administration’s commitment to a stable and investment-friendly environment, the President assured investors of continued support for innovation and private enterprise. He wished Lebara Nigeria success as it begins commercial operations and encouraged sustained collaboration between public and private sectors to advance the country’s digital transformation agenda.
The launch of Lebara Nigeria not only signals investor confidence in Nigeria’s economic reforms but also highlights the strategic importance of the telecommunications sector in driving inclusive growth, technological innovation, and long-term competitiveness.
