President Bola Ahmed Tinubu has welcomed the official launch of Lebara Nigeria, describing it as a strong vote of confidence in the country’s digital economy and its future as a leading technology and investment destination in Africa. In a statement issued on Saturday by his Special Adviser on Information and Strategy, Bayo Onanuga, the President said the entry of the telecom operator into the Nigerian market underscores growing investor trust in the nation’s reform-driven economic agenda.
“I congratulate Lebara Nigeria on its official launch. This milestone reflects confidence in Nigeria’s digital economy and underscores the nation’s potential to lead in technology and investment across Africa,” the President stated. President Tinubu highlighted the critical role of the telecommunications sector in driving economic growth and innovation, noting that the industry has continued to demonstrate resilience and expansion amid global economic headwinds.
According to him, the sector recorded a 5.78 per cent year-on-year growth in the third quarter of 2025 and currently contributes more than 14 per cent to Nigeria’s Gross Domestic Product. He described telecommunications as a backbone of modern economic development, enabling financial inclusion, digital entrepreneurship, e-commerce, and improved public service delivery. The President added that sustained investments in broadband penetration, digital infrastructure, and innovation would accelerate Nigeria’s ambition to become a leading digital hub on the continent.
Tinubu also commended the leadership of Lebara Nigeria, particularly its Chief Executive Officer, Teniola Stuffman, for their commitment to expanding access to affordable telecommunications services, creating employment opportunities, and strengthening the country’s digital ecosystem. He expressed optimism that the company’s operations would deepen competition in the sector, improve service quality, and enhance connectivity across urban and rural communities.
The President reaffirmed his administration’s commitment to policies that attract foreign direct investment, promote ease of doing business, and foster innovation-driven growth. He assured investors of the government’s continued support in creating a stable and enabling environment for businesses to thrive.
Industry stakeholders say the launch of Lebara Nigeria signals renewed momentum in the telecommunications space, with expectations that increased competition will spur innovation, reduce costs, and further accelerate Nigeria’s digital transformation agenda.
