President Bola Tinubu expressed his gratitude on Wednesday, as Indian investors made substantial commitments totaling nearly $14 billion USD during the Nigeria-India Presidential Roundtable and Conference in New Delhi.
He emphasised Nigeria’s readiness to provide the most favorable returns on investments, underscoring the country’s unique appeal.
One of the noteworthy investments announced is the commitment of $8 billion USD by Indorama Petrochemical Limited.
This investment will be directed towards the expansion of their fertilizer production and petrochemical facility situated in Eleme, Rivers State.
Indal Steel and Power Limited, one of India’s premier private steel producers, has pledged a substantial sum of $3 billion USD for investments in Nigeria. This commitment follows productive discussions held with President Bola Tinubu during the conference.
