President Bola Tinubu has welcomed the official launch of Lebara Nigeria, describing the development as a strong signal of growing investor confidence in Nigeria’s digital economy and its emergence as a technology and investment destination in Africa.
In a statement issued by presidential spokesperson Bayo Onanuga, the President said the launch aligns with broader efforts to deepen digital infrastructure, expand financial inclusion, and accelerate economic growth through technology-driven investment.
“President Bola Ahmed Tinubu congratulates Lebara Nigeria on its official launch, describing the milestone as a strong vote of confidence in Nigeria’s digital economy and its future as a leading technology and investment destination in Africa,” the statement read.
Tinubu commended the company’s leadership, particularly Chief Executive Officer Teniola Stuffman, for efforts to expand telecommunications access, create employment, and strengthen the nation’s digital infrastructure.
Highlighting the strategic importance of telecommunications to Nigeria’s economy, the President noted that the sector grew by 5.78 percent year-on-year in Q3 2025 and now contributes over 14 percent to the nation’s Gross Domestic Product. He emphasised that continued investment in digital infrastructure will support innovation, entrepreneurship, and youth employment.
Tinubu also acknowledged international partners supporting Nigeria’s tech ecosystem, including the British High Commission, represented by Deputy High Commissioner Johny Baxter, and commended the company’s Advisory Board, including Chairman Otunba Bimbo Ashiru, for their confidence in Nigeria’s growth prospects.
Lebara Nigeria, part of the global Lebara Group, recently commenced operations to provide affordable mobile services for individuals, students, businesses, and Nigerians in the diaspora. Its offerings aim to promote digital inclusion through partnerships and community internet initiatives, particularly in underserved areas.
The new telecom entrant is expected to intensify competition in Nigeria’s telecommunications market while supporting national goals of expanding digital connectivity, strengthening economic productivity, and positioning the country as a major technology hub in Africa.
