Nigerian President Bola Tinubu has congratulated Lebara Nigeria on its official launch, describing the milestone as a strong vote of confidence in Nigeria’s digital economy.
Tinubu noted that the development reinforces Nigeria’s position as a leading technology and investment destination in Africa.
According to the statement issued by Presidential Spokesperson, Mr Bayo Onanuga, on Saturday in Abuja, Tinubu stressed that Nigeria’s telecommunications sector remains a key driver of economic growth.
He noted that the sector recorded a 5.78 per cent year-on-year growth in the third quarter of 2025.
Tinubu added that telecommunications currently contributes more than 14 per cent to the nation’s Gross Domestic Product (GDP).
“Nigeria’s telecommunications sector is a significant economic driver, with a 5.78 per cent year-on-year growth in Q3 2025 and an overall contribution of over 14 per cent to the nation’s GDP,”
The Nigerian President commended the leadership and partners of Lebara Nigeria for their commitment to expanding telecommunications access in the country.
He specifically praised the Chief Executive Officer of the company, Mrs Teniola Stuffman and stated that the sinvestments would create employment opportunities and strengthen Nigeria’s digital infrastructure.
According to him, investments in the sector are vital to deepening financial inclusion and enabling innovation and also play an important role in accelerating economic growth.
President Tinubu also acknowledged the presence and support of the British High Commission at the launch and noted that the participation of the Deputy High Commissioner, Mr Jonny Baxter, reflects the strong diplomatic and economic ties between Nigeria and the United Kingdom.
He reiterated his administration’s commitment to maintaining a stable and investment-friendly business environment.
According to him, the government will continue to support policies that promote innovation and private sector growth.
Tinubu wished Lebara Nigeria success as it begins commercial operations in the country, while calling for stronger collaboration between the public and private sectors to advance Nigeria’s digital transformation agenda
GIK/APA