President Bola Tinubu has welcomed the official launch of Lebara Nigeria, describing it as a strong vote of confidence in Nigeria’s digital economy and its potential as a leading technology and investment hub in Africa.

In a statement issued on February 28, 2026, by his Special Adviser on Information and Strategy, Bayo Onanuga, the President said Nigeria’s telecommunications sector remains a key driver of economic growth. He noted that the sector recorded a 5.78 per cent year-on-year growth in the third quarter of 2025 and contributes more than 14 per cent to the nation’s Gross Domestic Product.

Tinubu commended the leadership of Lebara Nigeria, particularly its Chief Executive Officer, Mrs. Teniola Stuffman, for their commitment to expanding telecommunications access, creating jobs and strengthening the country’s digital infrastructure. He said investments of this scale are vital to deepening financial inclusion, promoting innovation and accelerating economic development.

The President also acknowledged the presence of the British High Commission at the launch event, represented by Deputy High Commissioner Mr. Jonny Baxter, noting that it reflects the strong diplomatic and economic ties between Nigeria and the United Kingdom.

He further recognised the contributions of Otunba Bimbo Ashiru, Chairman of the company’s Advisory Board, and other board members for their leadership and confidence in Nigeria’s growth prospects.

According to the President, initiatives such as Lebara Nigeria will contribute significantly to job creation, youth empowerment, enterprise development and broader economic diversification.
Tinubu reiterated his administration’s commitment to maintaining a stable, transparent and investment-friendly environment that supports innovation and private sector growth. He wished the company success as it begins commercial operations and encouraged sustained collaboration between the public and private sectors to advance Nigeria’s digital transformation agenda.