Potential Indian investors have been reassured by President Bola Tinubu of the large profits they can expect to make in Nigeria.
He based this on his promise that his government would remove every obstacle that stands in the way of their ability to conduct business in the nation.
“I’m here to personally reassure our investors and friends that I will break any bottlenecks that may exist. Tinubu promised the Chairman and CEO of the Hinduja Group of Companies, Gopichand Hinduja, a conglomerate with a total asset portfolio surpassing $100 billion, that Nigeria will become one of the planet’s most favorable locations for making good profits and establishing long-lasting jobs.
According to a statement from the President’s Special Adviser on Media and Publicity, Ajuri Ngelale, “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.”
President Tinubu arrives in India following a 15-hour flight and immediately enters a high-level investment meeting with Hinduja Chairman, according to the press release.
Tinubu informed Hinduja, his first visitor, that he was in India to attract investments to Nigeria with lucrative opportunities for investors, but most importantly, jobs for Nigerians and new revenue opportunities for Nigeria’s federal and sub-national governments. Tinubu was accompanied to the meeting by Nigeria’s Ministers of Finance, Trade & Industry, and Foreign Affairs.
We’re here to conduct business. Nothing can stop you from taking advantage of the unparalleled potential provided by our sizable market and the inventive and tenacious nature of the Nigerian people with my backing. He declared, “We are open for business.
The Hinduja Group Chairman informed the President that, during his historic endeavor as Lagos’ governor, the city’s water encroachment and coastal erosion problems were transformed into a sizable free trade zone where business now thrives.
He claimed that this was in part to blame for his excitement about teaming up with Nigeria’s new president to foster mutually beneficial wealth for the country’s bright populace.