Nigeria Set to Become Third African Country to Offer Citizenship by Investment, Attracting Global Attention

Nigeria Set to Become Third African Country to Offer Citizenship by Investment, Attracting Global Attention

Nigeria is on the verge of launching a Citizenship by Investment (CBI) program, joining Egypt and Mauritius as the only African nations offering foreign investors a path to citizenship in exchange for economic contributions.

This bold move is expected to stimulate economic growth and attract high-net-worth individuals seeking new investment opportunities in Africa’s largest economy.

The Citizenship by Investment Bill, championed by Deputy Speaker Benjamin Kalu, has already passed its second reading in the House of Representatives.