President Bola Tinubu, undeterred by jetlag from a long intercontinental journey, arrived in New Delhi on Tuesday and held his initial meeting with Gopichand Hinduja, the Chairman/CEO of the Hinduja Group of Companies. According to Presidential Spokesman Ajuri Ngelale, the conglomerate boasts a total asset portfolio exceeding $100 billion U.S. Dollars.
President Tinubu welcomed the Indian Industrialist within 90 minutes of his arrival in India for a meeting that commenced around 8:00 pm local time. Accompanied by Nigeria’s Ministers of Finance, Trade & Industry, and Foreign Affairs, President Tinubu conveyed his primary objective in India, which is to attract investments to Nigeria, offering lucrative opportunities for investors, and, most importantly, generating jobs for Nigerians and new revenue streams for Nigeria’s federal and sub-national governments.
He assured his Indian guest that his visit to India is solely for business purposes and emphasized his commitment to remove any obstacles that may hinder profitable ventures and job creation in Nigeria. President Tinubu pledged full support to create a conducive environment for profitable investments and lasting employment opportunities in Nigeria, leveraging the vast market and the hardworking nature of the Nigerian people. He declared, “We are open for business.”
The Hinduja Group Chairman acknowledged President Tinubu’s past achievements as the Governor of Lagos, particularly in transforming a coastal erosion crisis into a thriving free trade zone. He expressed his excitement about partnering with Nigeria’s new President to bring prosperity to Nigeria’s talented population, highlighting his willingness to invest billions of dollars under President Tinubu’s leadership, especially in areas like bus and automobile manufacturing in Nigeria.
The President directed the relevant Ministers to follow up on the guest’s enthusiasm and instructed the Ministers of Trade and Finance to work on the terms of agreement to the satisfaction of both parties. President Tinubu emphasized his readiness to intervene if any issues require his attention.
President Tinubu stressed the importance of teamwork in achieving his goal of making Nigeria great, stating that when investors are satisfied, Nigerians will benefit from an inclusive economy where hard work is rewarded and excellence becomes the nation’s reputation.
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