On Wednesday, President Bola Tinubu extended his gratitude to Indian investors for their substantial commitments, nearing a total of $14 billion USD, pledged during the Nigeria-India Presidential Roundtable and Conference held in New Delhi, India.
He emphasized the allure of Nigeria as an investment destination, saying, “We are fully prepared to provide you with the highest possible returns on your investments. There is simply no place comparable to our country. Currently, Nigeria stands as the premier choice for investment returns, so the time to invest is now.”
Notable among these recent investments is the commitment made by Indorama Petrochemical Limited, which has earmarked an additional $8 billion USD for expanding its fertilizer production and petrochemical facility situated in Eleme, Rivers State.
Furthermore, following discussions with the President, Jindal Steel and Power Limited, a prominent private steel producer in India, has announced a substantial investment of $3 billion USD in Nigeria.
