'Nigeria is an exciting investment destination' - Billionaire Bayo Ogunlesi

'Nigeria is an exciting investment destination' - Billionaire Bayo Ogunlesi

 Nigerian-born billionaire investor Bayo Ogunlesi has expressed strong support for President Bola Tinubu’s economic reforms, pledging commitments that could further boost Nigeria’s investment profile.Ogunlesi, Chairman of Global Infrastructure Partners (GIP) and famous for acquiring Gatwick Airport, described the removal of fuel subsidy, tax reforms, and refinery revival as game-changing policies that are positioning Nigeria as a serious investment destination.“We’re making investments in Nigeria. We explored additional opportunities… I’m not going to tell you what they are. Just wait. Watch this space. You will see them. But look, Nigeria is now a place that is exciting to invest in, and that’s what we talked to Mr. President about. And of course, as you would expect, he was very encouraging of international investments in Nigeria.”Highlighting sectors of interest, he continued:“Well, you’ve got all the sectors that we invest in. Energy. So we invest in energy. We’re building LNG plants in Texas. We’re building LNG plants in Australia. There’s gas in Nigeria. Nigeria is a huge gas province. People describe me as the guy who bought Gatwick Airport. I didn’t personally buy Gatwick Airport. But the aviation sector is also an area of interest to us. I confessed to Mr. President that one of our companies has ports in Cotonou, and it has a port in Lomé, none in Nigeria. So I asked for his forgiveness and understanding, and being the gentleman that he was, he forgave me, but said, you have to bring port investment to Nigeria. So that’s another area we’re looking at. Renewables, that’s another area. So lots of investment opportunities in Nigeria. We just have to be serious about making the right moves.”

Source: 'Nigeria is an exciting investment destination' - Billionaire Bayo Ogunlesi

 - NigerianEye
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