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INDIA: Tinubu meets with Indian billionaire Hinduja

PRESIDENT Bola Tinubu has arrived in the Indian capital of New Delhi on a six-day official visit, during which he will attend the G20 Leaders’ Summit and other engagements.

The President landed at Delhi’s Indira Gandhi International Airport with several senior government officials, including ministers and presidential advisors. He then met with Gopichand Hinduja, Chairman and CEO of the Hinduja Group of Companies, a conglomerate with a total asset portfolio worth more than $100 billion US dollars.

This was revealed in a statement by Ajuri Ngelale, Special Adviser to the President, who stated that the meeting began about 8:00 p.m. local time.

“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 on earth to make good profits and create lasting jobs,” Tinubu was quoted as saying.

“With my support, there is nothing standing in your way of enjoying the unrivalled opportunities presented by our massive market and the ingenious & hardworking nature of the Nigerian people. We are open for business.”

The Hinduja Group Chairman, on his part, reminded President Buhari that he was a firsthand witness to his landmark work as Lagos Governor in transforming a coastal erosion and water encroachment crisis into a large free trade zone where industry today thrives. This, he said, was partly responsible for his eagerness to work with Nigeria’s new President to create win-win prosperity for the country’s talented populace.

“We believe in you as a leader who has done this before. You know what the challenges are. You know how to fix them. We are going to make investments into the billions of dollars under your leadership, because we see you are already addressing the systemic problems.

“I am ready now to sign an MoU and to begin execution. You tell me who to liase with and we will get to work immediately, particularly with respect to bus and automobile manufacturing in Nigeria, amongst other areas,” the industrialist said.

Responding, the Nigerian President said: “Ministers of Trade and Finance, the two of you will follow this up immediately and you will draw up the terms to the satisfaction of both parties. If there are any issues at all which require my intervention, they must be brought to my attention immediately.”

After the President assigned the task of concluding the agreement to the two Ministers in collaboration with Hinduja Group Executives, who were present in the room, the industrialist could not hide his excitement.

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