Arab Billionaire, Sheikh Abdullah Ahmed Al Ghurair, has indicated interest to invest in major sectors of Nigeria’s economy.This ofcourse is a booster for Nigeria’s direct foreign investment, Daily Trust reports.
Director, Nigerian Trade Centre, Dubai, UAE, Mohammed Aliyu Baiwa, told newsmen that “Al Ghurair, who is the chairman of Al Ghurair Investment,has expressed confidence in the Buhari’s administration and is planning to invest massively in the oil and gas, power and financial sectors as well as agriculture and mining sectors, and Infrastructure.”
President Muhammadu Buhari is currently in the United Arab Emirates (UAE) on a three-day official visit where he will be attending the World Future Energy Summit on January 17, as a special guest of honour.
Buhari is also scheduled to meet with leading UAE businessmen who are interested in Nigeria with a view to encouraging greater investment inflows to critical sectors such as power supply, oil, gas and agriculture.
Sheikh Abdullah Ahmed Al Ghurair is Chairman of Mashreq Bank, known to be the oldest bank in the United Arab Emirate, his empire cuts across a wide variety of businesses that helped in bringing prosperity to the UAE from its earliest days and also extends to more than 20 countries of the world.
Article curated from Daily Trust