Follow Us on Google
President Bola Tinubu has welcomed the official launch of Lebara Nigeria, describing the move as a strong signal of growing investor confidence in Nigeria’s digital economy and its emergence as a technology and investment destination in Africa.
The President’s endorsement was contained in a statement issued by presidential spokesperson Bayo Onanuga, who said the administration views the development as part of 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. It added that the President commended the company’s leadership for their role in expanding telecom access and creating employment opportunities.
Tinubu specifically praised Lebara Nigeria’s Chief Executive Officer, Mrs. Teniola Stuffman, for her commitment to strengthening connectivity across the country. “The President commends the leadership and partners of Lebara Nigeria, including Mrs Teniola Stuffman, the Chief Executive, for their commitment to expanding telecommunications access, creating employment opportunities, and strengthening the nation’s digital infrastructure,” the statement noted.
The President pointed to the strategic importance of telecommunications to Nigeria’s economy, highlighting 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 said continued investments in digital infrastructure would support innovation, entrepreneurship, and youth employment.
Other News
Tinubu also acknowledged international partners supporting Nigeria’s tech ecosystem, including the British High Commission, represented by Deputy High Commissioner Mr. Johny Baxter, describing the collaboration as evidence of strong diplomatic and economic relations between Nigeria and the United Kingdom. He further commended the company’s Advisory Board, including Chairman Otunba Bimbo Ashiru, for their confidence in Nigeria’s growth prospects.
Lebara Nigeria recently commenced operations, offering affordable mobile services for individuals, students, businesses, and Nigerians in the diaspora. The company, part of the global Lebara Group, operates across multiple countries with a focus on affordable international and local communication services.
According to company information, its offerings are designed to promote digital inclusion through partnerships and community internet initiatives aimed at expanding access in underserved areas.
The new telecom entrant is expected to deepen 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.
