NAIRAMETRICS
Gopichand Hinduja, the Chairman and CEO of the Hinduja Group of Companies, a conglomerate with a total asset portfolio exceeding $100 billion met with President Bola Ahmed Tinubu in New Delhi, India on Tuesday, September 5 and pledged to invest billions of dollars in Nigeria’s automobile industry.
According to a statement signed by the President’s Special Adviser on Media and Publicity, Ajuri Ngelale, Hinduja was received by the President within 90 minutes of the President’s arrival in India for a meeting, which began around 8:00 pm local time.
Tinubu told Hinduja that he is in India with one focus: attracting investments to Nigeria with lucrative opportunities for investors, but most essentially, jobs for Nigerians and new revenue opportunities for Nigeria’s federal and sub-national governments.
Tinubu says there is no bottleneck he will not break
According to Ngelale’s statement, Tinubu said:
- “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 to make good profits and create lasting jobs.
- “With my support, nothing is standing in your way of enjoying the unrivaled opportunities presented by our massive market and the ingenious and hardworking nature of the Nigerian people. We are open for business.”
A part of Ngelale’s statement read:
The Hinduja Group Chairman told the President that he witnessed his landmark effort as Governor of Lagos in turning a coastal erosion and water encroachment crisis into a massive free trade zone where industry thrives.
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