In the upcoming months, the Netherlands is looking to invest an additional $250 million in Nigeria.
During President Bola Tinubu’s visit to the official residence of Dutch Prime Minister Mark Rutte, it was revealed that Dutch investors have confidence in Tinubu’s administration.
This investment package of $250 million will also include a $100 million commitment towards a waste-to-wealth industrial facility to be established in Lagos State, Nigeria.
Prime Minister Rutte commended Tinubu for his bold decisions, particularly his approach towards addressing fuel subsidies and enacting other critical reforms that previous administrations had not taken. Rutte praised Tinubu’s early adoption of such measures as a sign of exceptional determination and leadership within ECOWAS.
In response, President Tinubu assured the European leader that Nigeria is welcoming to business opportunities, highlighting the country’s significant lithium deposits.
Tinubu and his delegation are currently in the Netherlands on a three-day official visit.