Tony Elumelu woos Indian investors
…Says this is right time to invest in Nigeria
The Group Chairman of Heirs Holdings, Tony Elumelu has urged the Indian investors to invest in Nigeria, stating that this is the right time to invest the country.
Elumelu who spoke at the Nigeria-India presidential roundtable and conference on Wednesday, in New Delhi, India, according to a statement by Heirs Holdings, told the would investors in India that Nigeria is a huge market for investment.
The meeting was jointly organised by the Nigeria High Commission to India, the Confederation of Indian Industry (CII) and the Nigeria-India Business Council (NIBC).
Elumelu, who was in Delhi for the Group 20 (G20) summit, invited India’s private sector leaders to join him and other global investors in accessing the rapidly evolving Nigerian economy.
“This is the time to invest in Nigeria. I speak as a private sector investor in Nigeria, the companies in our Group’s investment portfolio demonstrate the opportunity. I believe you also can take advantage of our track record and Success,” he said in his keynote address.
“Nigeria is a huge market; over 200 million people with the largest economy on the continent,” adding that “the demography of the population is exciting”.
“We have a cohort of young people who are there to consume, and we also have people who are intelligent, energetic, hardworking, who provide the human capital that investors need to drive their businesses,” he said.
