President Bola Tinubu on Thursday declared that Nigeria is open for business and ready to welcome both local and foreign investors as he officially launched the Sales Office and Experience Centre for the multi-billion-dollar Abuja City Walk development.
Tinubu, who described the project as a major milestone under the Renewed Hope Agenda, said the launch marked not just the opening of a building but the unveiling of “a window to a multi-billion-dollar future” that would redefine the Federal Capital Territory as a global hub for commerce, innovation and modern urban living.
Tinubu, who was represented by Vice President Kashim Shettima, recalled that his administration had pledged economic transformation and infrastructure renewal upon assuming office, stressing that the project demonstrates the government’s resolve to fulfil those promises.
According to him, the Abuja City Walk development, situated along the Abuja Airport Expressway corridor, is one of the most ambitious private-sector investment projects in Nigeria’s history and will become the country’s foremost gateway to the world.
While inspired by globally acclaimed developments such as Dubai City Walk, the president said the project had been adapted to Nigeria’s unique environment and aspirations.
“This experience centre stands as proof that our administration does not just make promises; we execute them with determination,” Tinubu said.
Beyond its luxury residences, five-star hotels and commercial towers, Tinubu said the project would create tens of thousands of direct and indirect jobs for engineers, artisans, professionals, and young Nigerians while stimulating supply chains across the FCT and neighbouring states.
Tinubu noted that sustainable national development could only be achieved through strong collaboration between government and the private sector, describing the Abuja City Walk as a shining example of such partnership.
He disclosed that granting the corridor Free Trade Zone status would eliminate trade bottlenecks and encourage regional commerce, medical tourism, premium retail businesses, and high-end hospitality investments.
Tinubu assured investors that Nigeria remains committed to creating a secure investment climate.
“Let me reassure both domestic and international investors: Nigeria is open for business, and your investments are safe. Our legal, physical and financial frameworks are continuously being optimised to protect capital, guarantee returns and eliminate unnecessary administrative bottlenecks,” he said.
Tinubu commended the FCT Minister, Nyesom Wike, for reviving the long-abandoned Abuja Technology Village corridor through decisive reforms and efficient land administration.
“For 20 years, the Abuja Technology Village corridor lay dormant. Today, through aggressive land administration reforms and the eradication of bureaucratic inertia, it is being transformed into a bustling construction hub,” Tinubu stated.
Tinubu added that his administration had ended the era of land speculation and abandoned projects in Abuja, stressing that land should serve as a catalyst for development rather than speculation.
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The president charged the FCT Administration and the project developers, Master International Links, to ensure that the launch of the experience centre translates into rapid physical construction.
Earlier, Wike said the project aligned with Tinubu’s efforts to attract investment into Nigeria, adding that it was initiated after discussions with development partners introduced through the Deputy Governor of the Central Bank of Nigeria, Emem Usoro.
Wike recalled his initial scepticism after years of receiving proposals that never materialised but said he became convinced after the developers demonstrated commitment and accepted immediate inspections of the proposed site.
He disclosed that the 250-hectare site, originally designated for the Abuja Technology Village over three decades ago, had been overtaken by land grabbers and fraudulent land claims before the FCT Administration intervened.
“I put my foot down and said this is government property and I must drive this development to come to the FCT,” Wike said.
The minister explained that he personally chaired the implementation committee to eliminate bureaucratic delays and ensure strict compliance with agreed timelines.
He said government fulfilled its obligations by issuing all statutory approvals within days, constructing access roads through CGC Nigeria Limited and coordinating relevant agencies to fast-track project execution.
Wike, however, warned the developers that failure to meet agreed milestones would result in the withdrawal of the land allocation.
“I’m not interested in theories and theories. I’m interested in keeping to our agreement in terms of what we have said. If the timelines are not met, we’ll take back our land,” the minister said.
Also speaking at the event, the Executive Director of Link Developments Master, City Walk, Dr. Kassim Gidado, described the commissioning of the Experience Centre as a major milestone in delivering the Abuja City Walk vision.
He said the facility was designed to provide investors and stakeholders with an immersive preview of the development through physical models, interactive digital displays and fully furnished prototype apartments.
According to him, the master plan envisions a “city within a city” spanning 250 hectares, featuring a Google Tech Village, Knowledge Park with two universities, healthcare facilities, city walk malls, five-star hotels, exhibition centres, residential communities, parks, police and fire stations, places of worship and what is projected to become West Africa’s largest indoor multipurpose arena.
Gidado said the project aims to create a modern, climate-responsive and walkable mixed-use district where innovation, commerce, culture and community life converge, positioning Abuja as a leading destination for global investment and sustainable urban development.
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