Saudi Billionaire eyes Nigeria’s cement sector

Saudi Billionaire eyes Nigeria’s cement sector
Published: 14 November 2011

Saudi Arabia’s Prince Alwaleed bin Talal al Saud, weekend said he was looking to making substantial investments in Nigeria, and that “funds are not a constraint.”

Alwaleed, who was named as the world’s richest Arab by Forbes Magazine and 5th in the world with assets of US$20.4bn, said he was attracted to Nigeria because the market was large, just as he indicated that he had strong interests in cement production, hotels, banking, oil and charity projects.