Tinubu hails Indian industrialists over $14bn investment pledges 

Tinubu hails Indian industrialists over $14bn investment pledges 

Nigeria’s President Bola Tinubu on Wednesday commended Indian investors for significant investment pledges amounting to nearly $14bn U.S. dollars committed during the Nigeria-India Presidential Roundtable and Conference held on the sidelines of the G-20 Summit in New Delhi, India.

“We are ready to give you the best returns for investment possible; there’s nowhere else like our country. Nigeria offers the best returns for investment today, so invest now,” Tinubu told Indian business leaders from the pharmaceutical, power, petrochemical and agricultural sectors.

“Among these new investments, Indorama Petrochemical Limited has pledged a new investment of $8bn in the expansion of its fertiliser production and petrochemical facility in Eleme, Rivers State,” the President’s Special Adviser on Media and Publicity, Ajuri Ngelale, revealed in a statement he signed on Wednesday.

The statement is titled, ‘President Tinubu to Indian investors: do not procrastinate as Nigeria offers the best return on investment; lauds $14bn in new investment pledges at Nigeria-India economic roundtable.’