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Tinubu hails Lebara Nigeria’s launch, says telecoms sector driving economic growth

Naija News • 2d ago
Tinubu hails Lebara Nigeria’s launch, says telecoms sector driving economic growth
**Tinubu Celebrates Lebara Nigeria's Launch, Says Telecoms Sector is Driving Economic Growth** The launch of Lebara Nigeria has been hailed by President Bola Ahmed Tinubu as a strong vote of confidence in Nigeria's digital economy. This development underscores the country's growing status as a leading technology and investment destination in Africa. According to the President, the telecoms sector is one of Nigeria's most vibrant economic drivers, having grown by 5.78 per cent in the third quarter of 2025 and contributing over 14 per cent to the nation's Gross Domestic Product (GDP). In a message of congratulation to the leadership and partners of Lebara Nigeria, particularly its Chief Executive, Mrs. Teniola Stuffman, President Tinubu acknowledged the company's commitment to expanding telecommunications access, creating employment opportunities, and strengthening Nigeria's digital infrastructure. He noted that these investments are crucial for deepening financial inclusion, enabling innovation, and driving sustainable economic growth. The launch of Lebara Nigeria is seen as a testament to investor confidence in the reforms being implemented by President Tinubu's administration to stabilise the economy and promote private sector-led development. The presence of the British High Commission, represented by the Deputy High Commissioner, Mr. Johny Baxter, underscores the enduring economic and diplomatic ties between Nigeria and the United Kingdom. President Tinubu also recognised the contributions of the Chairman of the Advisory Board, Otunba Bimbo Ashiru, and other advisory board members for their leadership, expertise, and belief in Nigeria's growth potential. He assured investors of continued support for innovation and private enterprise, stressing that initiatives like Lebara Nigeria will contribute significantly to job creation, youth empowerment, enterprise development, and broader economic diversification. As Lebara Nigeria commences commercial operations, President Tinubu wished the company success and encouraged sustained collaboration between the public and private sectors to advance Nigeria's digital transformation agenda. With the telecoms sector driving economic growth, it is clear that Nigeria is on the right path towards becoming a leading technology and investment destination in Africa. This development has significant implications for the Nigerian economy, as it is expected to create new opportunities for employment, innovation, and investment. As the country continues to reform its economy and promote private sector-led development, it is likely that more foreign investors will be attracted to the country. With the right policies and support in place, Nigeria is poised to become a major player in the global digital economy. In conclusion, the launch of Lebara Nigeria
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