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List Of 5 Major Investments Secured By Tinubu In World’s Largest Economy Countries

At the G20 Summit, the Nigerian leader is expected to share Nigeria’s perspective on the theme…

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President Bola Ahmed Tinubu

President Bola Ahmed Tinubu has secured major investment commitments and economic cooperation from three of world’s largest economies.

VerseNews reports that the countries are Germany, Korea, India.

The major investments are:

  • Indorama Pledged $8BN worth of investments to expand their petrochemical facilities in Rivers State creating more jobs for Nigerias.
  • Jindal steel pledged an investment of $3BN in iron are processing to aid Nigeria’s drive for industrialization.
  • The Defense industry corporation of Nigeria (DICON) got a $1BN investment pledge that take its self sufficiency to $40BN by 2027.
  • Skippersells on plans to invest $1.6BB in power sector by building 2000MW power plants across the country in 4 years.
  • Bhakti Enterprise pledged a $700M worth of investment to create jobs to telecom, space communications, real estate, insurance and hospitality.

This Online News Website had earlier reported that Tinubu jets to New Delhi, India, on Monday September 5 to attend the G-20 Leaders’ Summit on the special invitation of Indian Prime Minister, Narendra Modi.

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At the G20 Summit, the Nigerian leader is expected to share Nigeria’s perspective on the theme, ‘One Earth-One Family-One Future’ with focus on global unity required to address the challenges facing humanity and the planet.

Stay ahead with VerseNews. Get the latest breaking news, insightful analysis, and trending stories. Your go-to source for timely updates and unbiased reporting.

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