A report by the United States Department of State has identified insecurity, corruption, port inefficiencies, and regulatory uncertainty as major obstacles to investment in Nigeria. The 2026 Investment Climate Statements on Nigeria noted that the country's investment landscape has been shaped by structural reforms introduced by the Tinubu administration, including the removal of fuel subsidies and liberalization of the foreign exchange market. While these reforms initially caused economic volatility, indicators in early 2026 suggested some stabilization. However, the report warned that security concerns, administrative bottlenecks, and social consequences of the reforms remain significant considerations for foreign investors.
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