BRAND REPORTNEWS

TICAD9: Presidency Dismisses ‘Empty Booth’ Narrative, Highlights Strategic Investment Drive

TICAD9: Presidency Dismisses ‘Empty Booth’ Narrative, Highlights Strategic Investment Drive
Nigeria’s booth stands empty at TICAD9 in Japan. Credit: X|idrisayobello

Nigeria’s participation at the 9th Tokyo International Conference on African Development (TICAD9) has come under scrutiny after viral images surfaced of an “empty Nigeria booth” in Yokohama, Japan. The Presidency, however, has moved swiftly to clarify that the delegation’s mission is not about trade exhibition displays but rather high-level economic diplomacy and strategic investment negotiations.

From Optics to Strategy: What Nigeria Is Really Doing in Japan

In a statement, Presidential spokesperson Bayo Onanuga stressed that Nigeria’s presence at TICAD9 is aimed at securing results in key growth sectors—power, agriculture, and industry—rather than erecting exhibition stands.

Onanuga described the “empty booth” narrative as a misrepresentation that overlooked the country’s core objectives at the triennial summit: forging partnerships with Japanese corporations, development agencies, and multilateral institutions that can directly impact Nigeria’s long-term development agenda.

High-Level Meetings in Focus

According to Onanuga, the Nigerian delegation is engaged in bilateral and multilateral sessions designed to unlock capital, technology, and expertise for national development:

  • President Bola Tinubu is scheduled to meet with executives from Toyota, CFAO, UN-Habitat, UNDP, and the International Finance Corporation (IFC).
  • The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) is set to host a targeted investment forum.
  • The Minister of Power, Adebayo Adelabu, is leading talks with the Japan International Cooperation Agency (JICA) on Lagos and Ogun power transmission upgrades, a $190 million renewable energy initiative, and vocational training programmes with the National Power Training Institute (NAPTIN).
  • Adelabu is also meeting global OEMs such as Toshiba and Hitachi to explore collaborations in power generation and distribution.
  • The Bank of Industry (BOI), under Dr. Supo Olusi, is in discussions with JICA and other financial institutions for concessional funding and credit lines.

Beyond Booth Politics: The Real Diplomacy at Stake

While critics latched onto the optics of an empty display stand, international development conferences like TICAD are increasingly about deal-making, investment frameworks, and strategic alliances. For Nigeria—Africa’s largest economy grappling with power shortages, industrial bottlenecks, and food insecurity—the stakes are far higher than showcasing brochures at a pavilion.

Japan remains a significant partner in African development, with billions in JICA-backed infrastructure and renewable energy investments across the continent. Nigeria’s focus on securing a share of this pipeline underscores a shift from optics to substance in its foreign economic engagements.

BRANDECONOMY Insight: Optics vs Outcomes

The TICAD9 episode exposes the tension between social media optics and the substance of statecraft. While viral images may fuel narratives of absence or neglect, Nigeria’s real measure of success will be in the capital raised, partnerships forged, and projects delivered in the months ahead.

In an era where soft power diplomacy intersects with hard economics, TICAD9 offers Nigeria a platform to reposition itself not just as a trade participant, but as a strategic investment destination.


Back to top button