Economy

“Tinubu has secured $20bn potential investments” – Shettima Lament

Published

6 months ago

May 24, 2024

Vice President Kashim Shettima has said that President Bola Tinubu has secured potential investments to be worth more than $20 billion.

Speaking at the 2024 Vanguard Economic Discourse held at the Civic Centre, Victoria Island, Lagos, on Thursday, May 23, Shettima, who was represented by the Special Adviser on Economic Affairs, Tope Fasua, noted that potential investments secured by Tinubu included $14 billion from India, N15 million from the Netherlands among others.

He also mentioned the recent $500 million for lithium development in Nasarawa state as one of the giant investments. Shettima said;

“Ladies and gentlemen, Mr President has been able to secure more than $20 billion in potential investments into the country, including $14 billion from India, $250 million from the Netherlands, and commitments of $500 million for lithium development in Nasarawa state, as well as another $500 million from Germany and into renewables.

“The Siemens power sector projects picks up speed presently and will be able to show a salutary effect on our energy sufficiency in good time.”