Tinubu assures Indian investors of enormous profits in Nigeria

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New Delhi, Sept. 5, 2023 – President Bola Tinubu on Tuesday assured potential Indian investors of enormous profits in Nigeria.

A statement by Ajuri Ngelale, the Special Adviser to the President on Media and Publicity, said Tinubu started meeting Indian investors within minutes of his arrival in India.

“I am here to personally assure our friends and investors that there is no bottleneck that I will not break.

“Nigeria will become one of the most conducive places on earth to make good profits and create lasting jobs,” Tinubu told the Chairman and CEO of the Hinduja Group of Companies, Gopichand Hinduja, a conglomerate with a total asset portfolio exceeding $100 billion.

“The Indian Industrialist was received by the President within 90 minutes of the President’s arrival in India for a meeting, which began around 8:00 pm local time.

“We are here for business. With my support, nothing is standing in your way of enjoying the unrivalled opportunities presented by our massive market and the ingenious & hardworking nature of the Nigerian people. We are open for business,” Tinubu assured.

The Hinduja Group Chairman told the President that he witnessed his landmark effort as Governor of Lagos in turning a coastal erosion and water encroachment crisis into a massive free trade zone, where industry now thrives.

He said this was partially responsible for his excitement to partner with Nigeria’s new President to create win-win prosperity for Nigeria’s talented population.

“We believe in you as a leader who has done this before. You know what the challenges are. You know how to fix them.

“We are going to make investments into the billions of dollars under your leadership because we see you are already addressing the systemic problems. I am ready now to sign an MoU and to begin execution.

“You tell me who to liaise with and we will get to work immediately, particularly concerning bus and automobile manufacturing in Nigeria, amongst other areas,” the industrialist said.

Responding to Gopichand, Tinubu said, “Ministers of Trade and Finance, the two of you will follow this up immediately and you will draw up the terms to the satisfaction of both parties.

“If there are any issues at all which require my intervention, they must be brought to my attention immediately.” (GBN)

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