President Bola Ahmed Tinubu has secured major investment commitments and economic cooperation from three of the world’s largest economies.
He got commitments from German Chancellor Olaf Scholz, South Korean President Yoon Suk Yeol, and Indian Prime Minister Narendra Modi to expand their investment frontiers in Nigeria.
The pledge was in acknowledgment of the policies initiated by the Tinubu administration to reboot the economy.
Tinubu held business talks and stepped up bilateral engagements with key economic partners on the sidelines of the G-20 Summit which closed yesterday in New Delhi, India.
He shared ideas with the leaders, outlining key opportunities on investments and sustainable development.
During the talks with Chancellor Scholz, Tinubu discussed how to expand existing German investments and drive new deals across the sectors.
According to a statement by his spokesman Ajuri Ngelale, the President said: “It is not, for us, only a matter of designing the financial architecture for an expanded economic partnership.
Scholz responded by acknowledging the mutually beneficial nature of an increase in the scale of economic ties with Africa’s largest economy, especially in view of ongoing economic reforms.
