Netherlands to Invest $250M In Nigeria’s Economy

Prime Minister Mark Rutte of the Netherlands have announced his country’s plans to invest $250 million in Nigeria in the next few months, including a $100 million investment in a waste-to-wealth industrial facility in Lagos State.

This is an imperative progress that has the potential to strengthen Nigeria-Netherlands commercial ties. The announcement was made during a meeting between the Dutch leader, and Nigeria’s President Bola Tinubu, who is currently undertaking a three-day visit to the Netherlands.

Rutte commended President Tinubu’s economic reforms, quoting them as catalysts for increased confidence among international investors in the Nigerian economy. The Prime Minister said “You are promoting democratic governance and the solutions it can bring in dealing with problems of development.”

“I saw you take the courageous decision to deal with fuel subsidies and other reforms, we are interested in what allowed you to take the decisions that many before you could not take. And you took those decisions early in your term. It shows rare determination. And your stand with ECOWAS, all of these point to your commitment to leadership.”

President Tinubu, who participated in the Nigeria-Dutch business Forum, confirmed Nigeria’s readiness and openness for business to foreign investors. The forum served as a platform to showcase Nigeria’s investment potential and the conducive environment for profitable ventures, across all sectors.

The president also reaffirmed his confidence in Nigerians, which gives him the courage to make decisions on behalf of the citizens, in accordance to Nigeria’s long-term tools needed to succeed.

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