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Tinubu has secured over $20b potential investments – Shettima

by Present Nigeria
May 24, 2024
in Business
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Shettima lauds Tinubu’s financial transparency
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Vice President Kashim Shettima has said that President Bola Tinubu has secured potential investments to be worth more than $20 billion. 

Speaking at the 2024 Vanguard Economic Discourse held at the Civic Centre, Victoria Island, Lagos, on Thursday, May 23.

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Shettima, who was represented by the Special Adviser on Economic Affairs, Tope Fasua, noted that potential investments secured by Tinubu included $14 billion from India, N15 million from the Netherlands among others. 

He also mentioned the recent $500 million for lithium development in Nasarawa state as one of the giant investments. Shettima said; 

“Ladies and gentlemen, Mr President has been able to secure more than $20 billion in potential investments into the country, including $14 billion from India, $250 million from the Netherlands, and commitments of $500 million for lithium development in Nasarawa state, as well as another $500 million from Germany and into renewables.

“The Siemens power sector projects picks up speed presently and will be able to show a salutary effect on our energy sufficiency in good time.”

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PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
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