Close Menu
OsunDailyNG
  • NATIONAL
  • LATEST
  • POLITICS
  • OSUN NEWS
  • METRO
  • ENTERTAINMENT
  • SPORT
  • BUSINESS
  • WORLD
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
OsunDailyNGOsunDailyNG
Subscribe
  • NATIONAL
  • LATEST
  • POLITICS
  • OSUN NEWS
  • METRO
  • ENTERTAINMENT
  • SPORT
  • BUSINESS
  • WORLD
OsunDailyNG
Home ยป Tinubu Continues Business In India As Presidential Tribunal Rules On His Victory
LATEST

Tinubu Continues Business In India As Presidential Tribunal Rules On His Victory

OsunDailyBy OsunDailySeptember 6, 2023No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Tinubu Continues Business In India As Presidential Tribunal Rules On His Victory
Share
Facebook Twitter LinkedIn Pinterest Email
Reach the right people at the right time with OsunDailyNG. Try and advertise any kind of your business to users online today. Kindly contact us for your advert or publication at newsdesk@osundailyng.com Call or Whatsapp: +2348132512456 07056907162

Four big businesses from India are promising to invest $14 billion in Nigeria. The news came out on Wednesday during a special meeting between leaders from Nigeria and India.

The special adviser to President Bola Tinubu on media and publicity Ajuri Ngelale, made the announcement.

Nigeriaโ€™s President, Tinubu while speaking at the meeting praised the Indian companies.

Addressing four Indian conglomerates, including Indorama Petrochemical Limited and Jindal Steel and Power Limited, Tinubu said โ€œYour investments in Nigeria will bring good profits.โ€

Tinubu is in Indiaโ€™s capital, New Delhi, for a big meeting of world leaders (G20) happening on September 9 and 10.

He further stated that Nigeria is a great place to put money.

He told the Indian businesses not to worry, adding that his team knows how to make the country rich through good plans and building things.

The statement quoted Tinubu saying, โ€œDo not procrastinate. Donโ€™t be frightened about investments in Nigeria. Bring it on. Ask your questions and make your requests. The trade and investment opportunities are enormous. I have a team, and I am the captain of that team, and I assure you that we solve problems.

โ€œI will captain and lead the course of investment, development, and prosperity for the largest democracy in Africa and for investors from the rest of the world.โ€

Indorama Petrochemical Limited was said to have pledged $8 billion in the expansion of its fertilizer production and petrochemical facility in Eleme, Rivers.

Jindal Steel and Power Limited, one of Indiaโ€™s largest private steel producers, also committed to investing $3 billion, while Jitender Sachdeva, founder of SkipperSeil Limited, announced an investment of $1.6 billion in the establishment of 2,000MW power generation plants across northern Nigerian states.

Ngelale said a new partnership with the managing arm of the military-industrial complex of the Indian government led to the finalisation of a $1 billion agreement to bring the Defense Industries Corporation of Nigeria (DICON) to 40 per cent self-sufficiency in local manufacturing and production of defence equipment in-country by 2027.


In addition, Bharti Enterprises committed to invest an additional $700 million in Nigeria.


Reach the right people at the right time with OsunDailyNG. Try and advertise any kind of your business to users online today. Kindly contact us for your advert or publication at newsdesk@osundailyng.com Call or Whatsapp: +2348132512456 07056907162
Business Continues India Presidential Rules Tinubu Tribunal Victory
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
OsunDaily
  • Website

Related Posts

Anti-Matawalle protests sponsored by Zamfara Govt – APC group

May 10, 2025

Gunmen kill three security personnel during attack on anti-banditry office in Jigawa

March 6, 2025

How Biden, FBI Director, Other U.S. Govt Officials Pressured Tinubu, Ribadu To Release Binance Executive

March 5, 2025

Comments are closed.

Facebook X (Twitter) Instagram WhatsApp Telegram Threads
  • Home
  • Privacy Policy
  • Advertise with US
  • Contact Us
  • About Us
© 2025 OsunDailyNG Media Hub. Designed by OsunDailyNG Media Hub.

Type above and press Enter to search. Press Esc to cancel.

Join Osun DailyNG Media Hub

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.