- Aliko Dangote praises Nigeria as the world’s best-kept secret for investments and returns, expressing confidence in its potential under Tinubu
- Dangote anticipates the launch of the Nigeria-Saudi Business Council, highlighting the opportunity for mutual economic expansion and collaboration
Alhaji Aliko Dangote, the Chairman of Dangote Industries, has hailed Nigeria as the world’s best-kept secret in terms of investments and returns. Speaking at an ongoing summit in Saudi Arabia, the continent’s wealthiest individual expressed confidence that, under the leadership of President Bola Tinubu, Nigeria would emerge as a leading global investment haven.
Dangote emphasized the untapped potential of Nigeria, stating, “What I always say about Nigeria is that it is the world’s best-kept secret in terms of investments and returns.” He further highlighted the importance of a two-way process in investments, with Nigerian companies contributing value to the Saudi economy.
“The soon-coming launch of the Nigeria-Saudi Business Council will be a huge opportunity for both countries to expand on what has been established here,” he added.
Saudi Arabia’s Commerce Minister, Majid bin Abdullah Al Qasabi, echoed the sentiment, discussing an agreement with the World Economic Forum to reform the services sector in Africa. He expressed the desire to make Nigeria the pilot country for this agreement, aiming to address service challenges, streamline supply chains, and elevate Nigeria’s economic and investment viability on an international scale.
At the Investor Roundtable, CEOs from various Saudi conglomerates presented exploratory pitches to President Tinubu, covering sectors such as construction, finance, energy, healthcare, agriculture, power, mining, telecommunications, and hospitality. The Nigerian government delegation, including executive governors and key ministers, attended the summit to foster collaboration and showcase Nigeria’s potential as a prime investment destination.
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