… As President Tinubu Welcomes Lebara’s Launch in Nigeria, Describes Telecoms Sector as Vibrant
AWC Statehouse Desk
Abuja, February 28, 2026 — President Bola Ahmed Tinubu has congratulated Lebara Nigeria on its official launch, describing the development as a strong vote of confidence in Nigeria’s digital economy and its future as a leading technology and investment destination in Africa.
In a State House press release issued on Saturday, the President highlighted the resilience and growth of Nigeria’s telecommunications sector, noting that it recorded a 5.78 per cent year-on-year growth in the third quarter of 2025 and contributes more than 14 per cent to the nation’s Gross Domestic Product (GDP).
President Tinubu commended the leadership and partners of Lebara Nigeria, particularly its Chief Executive Officer, Mrs Teniola Stuffman, for their commitment to expanding telecommunications access, creating employment opportunities, and strengthening the country’s digital infrastructure.
According to the President, investments of this magnitude are critical to deepening financial inclusion, fostering innovation, and accelerating sustainable economic growth across the country.
He also acknowledged the presence and support of the British High Commission, represented at the launch by Deputy High Commissioner Mr Jonny Baxter, describing the engagement as a reflection of the enduring economic and diplomatic ties between Nigeria and the United Kingdom.
The President further recognised the contributions of the Chairman of the Advisory Board, Otunba Bimbo Ashiru, alongside other advisory board members, for their leadership, expertise, and confidence in Nigeria’s growth potential.
President Tinubu emphasised that initiatives such as Lebara Nigeria would contribute significantly to job creation, youth empowerment, enterprise development, and broader economic diversification.
Reiterating his administration’s commitment to fostering a stable, transparent, and investment-friendly environment, the President assured investors of continued support for innovation and private enterprise.
He wished Lebara Nigeria success as it commences commercial operations and encouraged sustained collaboration between the public and private sectors to advance Nigeria’s digital transformation agenda.
