Business

Indian investors commit US$14 billion to Nigeria

The country’s President Bola Tinubu is there to attend the G20 summit - a meeting of the world’s largest economies

Nigeria has secured pledges worth nearly US $14 billion from Indian investors at the Nigeria-India economic roundtable in New Delhi.

The country’s President Bola Tinubu is there to attend the G20 summit – a meeting of the world’s largest economies.

The new investments include US $8billion towards the production of fertiliser and petrochemicals and US $3billion for steel.

“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,” Nigeria’s leader told them.

 

 

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Source
BBC
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