Netherlands Set For Fresh $250m Investment In Nigeria As Tinubu Meets Dutch PM

The Prime Minister of the Netherlands, Mark Rutte, has said that President Bola Tinubu’s economic reforms have engendered greater confidence in the Nigerian economy by international investors and that Dutch investors have activated another set of $250 million worth of new investments over the next few months, including a $100 million investment in a waste-to-wealth industrial facility in Nigeria’s Lagos State.

Rutte disclosed at his official residence, known as The Catshuis in The Hague, Netherlands on Thursday, when he received President Tinubu.

“You are promoting democratic governance and the solutions it can bring in dealing with problems of development. I saw how you went through democratic channels to remove an incumbent president in 2015 in partnership with President Buhari and how that has led to development in your country.

“I saw you take the courageous decision to deal with fuel subsidies and other reforms, and we are interested in what allowed you to take the decisions that many before you could not take. And you took those decisions early in your term. It shows rare determination. And your stand in ECOWAS, all of these point to your commitment in leadership,” the Dutch Prime Minister stated.

Earlier, President Tinubu to PM Mark Dutte that Nigeria was well-positioned to power the clean energy future of Europe and the world with its high-grade lithium deposits.

Speaking during a meeting with the Prime Minister of the Netherlands, thr President, in a statement by presidential spokesman, Ajuri Ngelale, said Nigeria offers immense opportunities across a pool of sectors and that his administration is deepening reforms to enhance the investment climate.