G20 Summit: Tinubu arrives in India, meets with Hinduja on investment

President Bola Tinubu, on Tuesday, arrived in New Delhi to the immediate embrace of Mr Gopichand Hinduja, the Chairman and Chief Executive Officer of the Hinduja Group of Companies, a conglomerate with a total asset portfolio exceeding $100 billion.

Ajuri Ngelale, Special Adviser on Media and Publicity, disclosed that the President received the Indian Industrialist within 90 minutes of arriving in India for a meeting, which began around 8:00 pm local time.

“We are here for business. I am here to assure our friends and investors that there is no bottleneck I will not break. Nigeria will become one of the most conducive places to make good profits and create lasting jobs. With my support, nothing stands 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 President firmly assured.

The Hinduja Group Chairman told the President that he witnessed his landmark effort as Governor of Lagos in turning a coastal erosion and water encroachment crisis into a massive free trade zone where industry thrives.

He said this was partially responsible for his excitement to partner with Nigeria’s new President to create win-win prosperity for Nigeria’s talented population.

“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 will invest billions of dollars under your leadership because you already address the systemic problems. I am ready now to sign an MoU and to begin execution. You tell me who to contact, and we will get to work immediately, particularly concerning bus and automobile manufacturing in Nigeria, amongst other areas.

“I have had paperwork stalled in Nigerian bureaucracy for over one year, especially in FCT, but I knew that you would be purpose-driven in this endeavour, and God will help you to turn Nigeria’s rich promise into a rich reality for all of its citizens,” the Indian Billionaire concluded.

In response, Tinubu 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 that require my intervention, they must be brought to my attention immediately.”

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

“I have had paperwork stalled in Nigerian bureaucracy for over one year, especially in FCT, but I knew that you would be purpose-driven in this endeavour, and God will help you to turn Nigeria’s rich promise into a rich reality for all of its citizens,” the Indian Billionaire concluded.

Kemi Filani News reports that Tinubu departed Nigeria on Monday for the G20 Summit in India.