Prime Minister Mark Rutte of the Netherlands praised President Bola Tinubu’s economic reforms, noting that they have bolstered international investor confidence in the Nigerian economy. Rutte revealed that Dutch investors are set to activate $250 million worth of new investments, including a $100 million investment in a waste-to-wealth industrial facility in Lagos State.
During a meeting at his official residence, Rutte commended Tinubu’s promotion of democratic governance and his bold decisions, such as addressing fuel subsidies and implementing other reforms. He expressed interest in understanding the factors that enabled Tinubu to make these decisions early in his tenure, highlighting Tinubu’s commitment to leadership and his proactive stance in ECOWAS.
In response, President Tinubu highlighted Nigeria’s potential to contribute to Europe’s clean energy future through its high-grade lithium deposits. He emphasized Nigeria’s vast investment opportunities across various sectors and reiterated his administration’s commitment to deepening reforms to improve the investment climate.