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Tinubu Tells Samsung; Nigeria Remains Best Investment Destination In Terms Of Value For Money


President BOLA TINUBU says Nigeria’s investment environment operates on the principle of willing buyer and willing seller, which ensures seamless access to capital for investors both within and outside the country.

 

The President gave the assurance in Riyadh, Saudi Arabia, during a meeting with the President and Chief Executive Officer of Samsung, HONG NAMKOONG, and the Chairman of Samsung Investment Global, JUNGWOOK KIM.

 

The meeting took place on the margins of the World Economic Forum Special Meeting on Global Collaboration, Growth and Energy for Development.

 

The President took time to detail the significant opportunities across sectors for investment within the Renewed Hope Infrastructure Development Fund, which involves the potential utilization of co-finance instruments on critical infrastructure and technology which Samsung is well known to produce.

 

President TINUBU also emphasised the importance of deepening collaboration in the crude oil, natural gas, renewable energy, engineering, technology, and agriculture sectors.

 

According to him, the potential exists for vast private sector participation in the establishment of fully embedded, off-grid, cold-chain integration across sub-industries in the agriculture sector to forestall post-harvest losses with mass refrigeration capacity.


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