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Tinubu Woos Volkswagen, Other Manufacturers Back To Nigeria - Business - Nairaland

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Tinubu Woos Volkswagen, Other Manufacturers Back To Nigeria by Thonyboy: 8:24am On Sep 11, 2023
President Bola Ahmed Tinubu, on the sideline of the G-20 summit in India, met with German Chancellor Olaf Scholz to boost Nigeria’s car manufacturing sector.

Ajuri Ngelale, Special Adviser on Media and Publicity to the President, disclosed this in a statement on Sunday.

Tinubu noted that expanding Nigeria’s economic partnership is vital to his administration.

He called on the German government to explore new incentives for foreign investments in Nigeria.

“It is not, for us, only a matter of designing the financial architecture for an expanded economic partnership. It is also about the practicality of aligning the perspectives of your large-scale manufacturers, such as Volkswagen and others, with the reality of the new incentives my government is putting in place for them to come and prosper across multiple value chains and sectors inside our country”.

German Chancellor Olaf Scholz acknowledged the mutually beneficial nature of an escalation in the scale of economic ties with Nigeria.

“Thank you for this important discussion, Mr. President. I appreciate this opportunity to advance our economic relations. Your market is unique, and our companies have a history in Nigeria. We acknowledge the business-friendly reforms you have put in place. I am happy to inform you of my desire to visit you in Nigeria in October, which will allow us to carry forward these initiatives,” the German leader stated.

.ng reports that after the end of the G20 Summit, Tinubu headed to the United Arab Emirates (UAE).

https://.ng/2023/09/11/tinubu-woos-volkswagen-other-manufacturers-back-to-nigeria/

Re: Tinubu Woos Volkswagen, Other Manufacturers Back To Nigeria by LeeSantos(m): 8:28am On Sep 11, 2023
Re: Tinubu Woos Volkswagen, Other Manufacturers Back To Nigeria by uzohrome(m): 8:44am On Sep 11, 2023
President BAT is manifesting, he is prepared. We pray for God's strength 💪
Re: Tinubu Woos Volkswagen, Other Manufacturers Back To Nigeria by jaeyking(m): 8:51am On Sep 11, 2023
Jokes apart

Did buhari ever attended any G20 or G7 meeting
Just asking

Let's give agbado a chance and hopes he pushes us to the right way
Re: Tinubu Woos Volkswagen, Other Manufacturers Back To Nigeria by stacyadams: 9:03am On Sep 11, 2023
jaeyking:
Jokes apart

Did buhari ever attended any G20 or G7 meeting
Just asking

Let's give agbado a chance and hopes he pushes us to the right way


Make he fix power, economy and security,na investors go dey pursue am... otherwise

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