Nigeria’s G-20 Participation and New UAE Deal: 10 Things To Know | The Guardian Nigeria News


President Bola Ahmed Tinubu recently participated at the G-20 summit, a meeting of the world’s largest economies which took place in New Delhi, India.

Tinubu after leaving India on Sunday proceeded to Abu Dhabi in the United Arab Emirates (UAE) where he met with President Mohamed bin Zayed Al Nahyan.

The Guardian now takes a look at ten things to know following Nigeria’s participation at the G-20 summit and the new deal President Tinubu struck with the UAE…

1. Nigeria has secured pledges worth nearly $14bn (£11bn) from Indian investors at the Nigeria-India economic roundtable in New Delhi.

2. Among these many new investments, Indorama Petrochemical Limited has pledged $8 billion towards the expansion of fertilizer production and petrochemical facility in Eleme, Rivers State.

3. Jindal Steel and Power Limited, one of India’s largest private steel producers, has committed to investing $3 billion in Nigeria, following discussions with…

Source: Guardian Newspaper