President Bola Ahmed Tinubu has commended the Indonesian business conglomerate, the Tolaram Group, for its unwavering belief in Nigeria’s economy.

Tolaram, which partnered with Nigeria to establish the Lekki Free Trade Zone and the country’s first deep-sea port, recently acquired Diageo’s 58.02% shareholding in Guinness Nigeria Plc. This strategic move demonstrates Tolaram’s long-term commitment to doing business in Nigeria.

Tolaram has been actively engaged in Nigeria for the past 50 years, and its decision to expand its investment footprint further underscores its confidence in the nation’s economic prospects.

President Tinubu welcomes Tolaram to Nigeria’s beverage sector and expresses optimism that the group’s business will continue to thrive.

He also assures investors and businesses that his government remains committed to creating a conducive and transparent operating environment, implementing reforms that foster sustained growth and profitability for investors.

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