BUSINESS DAY
President Bola Tinubu has urged global power giants, Samsung, to see Nigeria as best investment destination, as it operates on the principle of ‘a willing-buyer and willing-seller’, which ensures seamless access to capital for investors both within and outside the country.
Ajuri Ngelale, Presidential Spokesman,in a statement on Sunday, said the President gave the assurance on Sunday in Riyadh, Saudi Arabia, during a meeting with Hong Namkoong, the president and chief executive officer of Samsung, and Jungwook Kim, the vhairman of Samsung Investment Global.
The meeting took place on the margins of the World Economic Forum Special Meeting on Global Collaboration, Growth and Energy for Development, currently going on in Riyadh, Saudi Arabia.
According to the President, ”Nigeria is a very huge country with a huge and able population. We have vibrant youths ready to learn and progress. In fact, our young do not wait for us.
“They go ahead of us in their determination to succeed. We must keep up and provide opportunities for them to excel with. We have an infrastructure deficit and you can take advantage of that and invest early and deeply in an environment that is absorptive and ready for it. It is modeled after a willing-buyer and willing-seller arrangement. Easy capital in and easy capital out.
