G20 Summit: Tinubu meets with Indian investor

President Tinubu arrived with a delegation of high-ranking government figures

Bola Tinubu

President Bola Tinubu has landed in New Delhi, India’s capital, embarking on a week-long official trip. His agenda includes participation in the G20 Leaders’ Summit and various other commitments.

Accompanied by high-ranking government figures, including ministers and presidential advisors, President Tinubu touched down at the Indira Gandhi International Airport in Delhi. Subsequently, he engaged in discussions with Mr. Prakash Hinduja, the Chairman and CEO of the Hinduja Group of Companies, a massive conglomerate boasting assets surpassing $100 billion U.S. Dollars.

“We are here for business. 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 was quoted as saying.

“With my support, there is nothing 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.”

On his part, the Hinduja Group Chairman told the President that he was a living witness to 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. This, he said, 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 liase with and we will get to work immediately, particularly with respect to bus and automobile manufacturing in Nigeria, amongst other areas,” the industrialist said.

Responding, the Nigerian President 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.”

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