President Bola Tinubu has said his administration would dismantle all barriers to investment to rekindle confidence in Nigeria’s economy.

He emphasised that the country will soon become a destination of choice for investors because of measures being put in place to protect domestic and foreign investment.

President Tinubu gave the assurance in New Delhi, India, during his meeting with the Chairman and Chief Executive Officer (CEO) of Hinduja Group of Companies, Prakash Hinduja.

The meeting occurred within 90 minutes of his arrival in India for the G-20 Summit.

The Hinduja Group of Companies is a conglomerate with a total asset portfolio exceeding $100 billion.

A statement by the president’s spokesman, Ajuri Ngelale, said following the meeting, the Indian billionaire businessman proposed an automobile manufacturing deal with Nigeria.

Ministers of Finance Wale Edun, Trade and Industry Dr Doris Uzoka-Anite and Foreign Affairs Yusuf Tuggar accompanied the president to the meeting.