Nigeria Reopening States to Foreign Investors as Regions Regain Economic Powers, Says Ajomale-McWord

Nigeria is reviving its strategy to attract foreign investors as states regain more economic autonomy, positioning the country as a regional commerce hub. This shift signifies a move towards empowering subnational economies and fostering intra-regional trade, supported by reforms that bolster customs' role in subnational diplomacy. This development is crucial for diversifying Nigeria's economic landscape and reducing over-reliance on federal government revenue, potentially leading to more resilient and self-sustaining regional economies.