Heirs Holdings Group Chairman, Tony O. Elumelu, highlights Nigeria’s investment potential and urges Indian private sector leaders to seize the opportunity during a Nigeria-India Presidential Roundtable and Conference.
Tony O. Elumelu, Chairman of Heirs Holdings Group, has called upon Indian private sector leaders to consider investing in Nigeria, emphasizing that the current time presents a golden opportunity for investment.
He made this appeal during the Nigeria-India Presidential Roundtable and Conference held on September 6th, 2023, in New Delhi, India. The event was jointly organized by the High Commission of Nigeria to India, the Confederation of Indian Industry (CII), and the Nigeria-India Business Council (NIBC).
Elumelu, known for his significant contributions to pan-African financial services and his control over key power and natural resources ventures, all aimed at fostering value creation in Africa, attended the conference during the G20 Summit.
He participated both as an invitee of the President of Nigeria, H.E. Bola Ahmed Tinubu, and as the co-chair of the Business 20 (B20) Action Council, which focuses on African economic integration and serves as the private sector counterpart to the G20.
In his keynote address, Elumelu extended an invitation to Indian private sector leaders, encouraging them to explore the rapidly evolving Nigerian economy. He pointed out that Nigeria boasts a population of over 200 million people, making it one of the largest consumer markets globally.
Elumelu emphasized the demographic potential of Nigeria‘s population, highlighting the exciting prospects it offers to investors. He drew attention to Nigeria’s status as the largest economy on the African continent and underlined the favorable conditions for investment.
“This is the time to invest in Nigeria,” stated Elumelu, speaking from his experience as a private sector investor in Nigeria. He cited the success stories within his Group’s investment portfolio as evidence of the opportunities available in the country.
As Nigeria continues to experience economic growth and demographic expansion, Elumelu’s message serves as an invitation for Indian investors to participate in the country’s promising future.
