Today, President Buhari met with six different groups of
investors at the sidelines of the Annual Investment Meeting in Dubai, United
Arab Emirates. He had a message for them all: Come to Nigeria and prosper. Come
and have handsome returns on your investments, within the shortest possible
time.
Sheikh Ahmed Al Maktoum is a member of the Dubai ruling
family. He is also a private investor and member of several boards of
companies, both state owned and private. He is interested in establishing a
power plant in Lagos, and studies have already been completed.
Lulu Group operates a chain of supermarkets in the Middle East
and Asia. Mr Yusuff Alli, Chairman of the group, told President Buhari that the
outfit, with headquarters in Abu Dhabi, has over 164 supermarkets and shopping
malls. It employs over 50,000 people. The interest is to work with Nigerian
farmers, using local produce to ensure food security. Quality, affordability
and hygiene are the watchwords of the company.
Also in bilateral meeting with President Buhari was Sheikh
Hussain Al Nowais, Chairman of Amea Power. The company develops, owns, and
operates thermal and renewable energy projects in Africa, the Middle East and
Asia. Its wide range of power solutions include conventional – gas, coal, oil,
and renewable – solar, wind and hydro.
Apart from power, the company, which owns Rotana Hotel
chain, is also interested in the hospitality sector in Nigeria. Also on cue was
Sheikh Ali Rashid Lootah, Chairman, Nakheel Properties and Limitless Group.
One of the world's leading developers and a major
contributor to Dubai's real estate transformation, the company's current and
future retail project portfolio covers nearly 17 million square feet of
leasable space. They are keen to expand their investments in Nigeria.
Sheikh Khalid Bin Kalban is the CEO of Dubai Investments.
His meeting with the Nigerian president centred around real estate, processing
industries, mergers and acquisitions, health care, education, and financial
investments.
Abu Dhabi Fund for Development (ADFD) has supported over 66
projects in 29 African countries. They include rural solar power and water
projects, and that was the focus of the discussion, as Sheikh Mohammed Saif Al
Suwaidi, the CEO, met with President Buhari.
The bilateral sessions were not concluded, till the Nigerian
president had met with Mr Jitender Sachdeva, CEO Skipperseil Group. An
integrated energy company with operations in the manufacturing of substation
equipment, discussions were on engineering processing, construction of
transmission lines and substations for utilities, institutions and industries.
The company’s CEO expressed delight at meeting with President Buhari, and
looked forward to doing good business in Nigeria.
