Nigeria’s President, Bola Tinubu assured investors that the country’s investment environment operates on a “willing-buyer and willing-seller” principle, ensuring easy access to capital.
Tinubu made this statement during a meeting with Samsung executives, including President and CEO Hong Namkoong and Chairman Jungwook Kim.
The President highlighted Nigeria’s vast investment opportunities, particularly in infrastructure development and technology, emphasizing the potential for private sector participation and collaboration.
He encouraged Samsung to invest in critical infrastructure, saying “Easy capital in and easy capital out.”
He also emphasized the importance of deepening collaboration in key sectors, saying “We are ready to discuss and discover one another more. We can benefit so much from collaborative effort. You have the know-how, and we have the willingness. Seize this opportunity.”
Samsung Chairman Kim expressed interest in expanding the company’s presence in Nigeria, citing successes of sister companies and potential new opportunities, saying:
“We are looking forward to knowing Nigeria better under your leadership and to see how we can penetrate the Nigerian market deeper. This is a great opportunity for us.”
