The Republic of Liberia has extended a warm invitation to Nigerian investors and entrepreneurs to explore its vast economic opportunities.
At a recent event themed “Discover Liberia: Exploring Liberia Investment Opportunities 2025,” held in Lagos, Liberia’s National Investment Commission (NIC) Chairman, Jeff Blibo, highlighted the nation’s untapped potential across various sectors, including agriculture, mining, housing, real estate, tourism, and transportation.
Organized by CDIM (Commercialization, Development, Implementation, and Monetization) and PRECUT Collection in collaboration with the Liberian government, the event aimed to bridge the gap between investors and the Liberian government, fostering direct foreign investment (FDI) and forex inflows crucial for Nigeria’s economic growth and naira stability.
Ambassador Mohammed M. Bah, the Presidential Special Envoy on Investments, urged Nigerian investors to approach Liberia with an open mind, describing it as a “green land” brimming with investment prospects. He emphasized the government’s commitment to creating an investor-friendly environment.
NIC Chairman Blibo further elaborated on Liberia’s unique advantages, including its dual currency system (Liberian dollar and US dollar) and attractive government incentives like 100% profit repatriation and tax exemptions. He highlighted the agricultural sector as a key area for investment, emphasizing government efforts to improve infrastructure, land-use policies, and market access.
Ambassador Christopher Onanuga, the Presidential Special Envoy on Tourism, captivated the audience with Liberia’s untapped tourism potential, emphasizing its breathtaking landscapes, rich cultural heritage, and diverse wildlife. He encouraged investors to seize the opportunity to transform Liberia into a premier tourist destination in West Africa.
While Folami Olawale, Group Head/CEO of CDIM and PRECUT Collection, underscored the significance of intra-African trade for sustainable growth, emphasizing the adage “Africa is for Africa.”
He highlighted that investing in Liberia, with its stable US dollar-linked currency, offers Nigerian businesses the opportunity to generate returns in dollars. Repatriating these earnings to Nigeria can significantly boost FDI, increase forex inflows, and stabilize the naira.
During an interactive session, investors raised concerns about safety, ease of doing business, and government support. The Liberian delegation addressed these concerns, assuring attendees of a secure investment climate and promising to establish a “one-stop shop” to address all investment needs. These reassurances instilled confidence among potential investors.
The event proved to be a resounding success, paving the way for enhanced economic ties between Nigeria and Liberia. By showcasing Liberia’s investment-friendly policies and vast opportunities, CDIM and PRECUT Collection have reaffirmed their commitment to driving transformative investments across Africa. This collaboration not only benefits Liberia’s development but also positions Nigerian businesses for success in a stable, dollar-driven economy.
With Liberia’s rich resources and investor-friendly policies, the time is ripe for visionary Nigerian investors to seize this opportunity. By investing in Liberia, they can’t only reap substantial returns but also contribute significantly to sustainable development across Africa.
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