President Bola Tinubu has provided reassurance to potential Indian investors regarding the substantial profits awaiting them in Nigeria. He has based this assurance on his commitment to removing all obstacles that hinder the ease of doing business in the country.
Tinubu stated, “I am personally committed to removing any hindrances. Nigeria will become one of the most favorable destinations globally for profitable ventures and sustainable job creation.” This assurance was given during a meeting with Gopichand Hinduja, the Chairman and CEO of the Hinduja Group of Companies, a conglomerate with assets exceeding $100 billion.
The Indian industrialist was received by the President shortly after his arrival in India, and their meeting began around 8:00 pm local time, as reported by Ajuri Ngelale, the President’s Special Adviser on Media and Publicity.
The statement is titled, ‘President Tinubu Arrives India and heads straight into top-level investment meeting with Hinduja Chairman after 15a -hour journey’.
Accompanied to the meeting by Nigeria’s Ministers of Finance, Trade & Industry, and Foreign Affairs, Tinubu told his first visitor, Hinduja, that he was in India to attract investments to Nigeria with lucrative opportunities for investors, but most essentially, jobs for Nigerians and new revenue opportunities for Nigeria’s federal and sub-national governments.
“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,” he stated.
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.”
