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President Tinubu Calls for Collaboration with Samsung Company

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President Bola Tinubu has restated that Nigeria’s Investment Environment operates on the principle of ‘A Willing-Buyer and Willing-Seller’, which ensures seamless access to capital for investors both within and outside the country.

The President gave the assurance in Riyadh, Saudi Arabia, during a meeting with the President and Chief Executive Officer of Samsung, Hong Namkoong, and the Chairman of Samsung Investment Global, Jungwook Kim.

President Bola Tinubu in Riyadh, Saudi Arabia, during a meeting with the President and Chief Executive Officer of Samsung, Hong Namkoong, and the Chairman of Samsung Investment Global, Jungwook Kim.
President Bola Tinubu in Riyadh, Saudi Arabia, during a meeting with the President and Chief Executive Officer of Samsung, Hong Namkoong, and the Chairman of Samsung Investment Global, Jungwook Kim.

The meeting took place on the margins of the World Economic Forum’s Special Meeting on Global Collaboration, Growth, and Energy for Development.

The President detailed the significant opportunities across sectors for investment within the Renewed Hope Infrastructure Development Fund, which involves the potential utilization of co-finance instruments on critical infrastructure and technology which Samsung is well known to produce.

President Tinubu also harped on the importance of deepening collaboration in the crude oil, natural gas, renewable energy, engineering, technology, and agriculture sectors, emphasizing the potential for vast private sector participation in the establishment of fully-embedded, off-grid, cold-chain integration across sub-industries in the agriculture sector.

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