Tinubu woos French business group for more investment in Nigeria
President Bola Tinubu met with the chairman of Bolloré Group in Paris to seek increased investment in Nigeria’s film, entertainment, and digital sectors. Read More: https://punchng.com/tinubu-woos-french-business-group-for-more-investment-in-nigeria/
President Bola Tinubu met with Vincent Bolloré, chairman of the French Bolloré Group, and other company executives in Paris on Friday. The discussions centered on boosting investments in Nigeria's film, entertainment, fibre optics, and digital economy sectors. Tinubu highlighted the growing global influence of Nigerian culture, citing the popularity of Nollywood, Afrobeats, and the strong worldwide interest in Nigerian fashion and creativity.
He emphasized the importance of channeling this cultural moment into lasting economic value for Nigerians by increasing local production, investing in local industries and infrastructure, and creating job opportunities. Bolloré Group, under Vincent Bolloré's leadership, owns significant stakes in Canal+, Universal Music Group, Havas, and other entities, with Canal+ expanding its footprint in Africa and acquiring MultiChoice, a major pay-TV operator in Nigeria.
The President's visit to France is part of his strategy to attract international investment in Nigeria's non-oil sectors during his European tour.
Written by urgent.news from Punch's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
