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Nigerian business magnate explores investment opportunities in Sri Lanka
Daily FT
|September 08, 2025
LAWYER and Cross River State, Nigeria former Governor Benedict Ayade, was in Sri Lanka last week to explore investment opportunities in several verticals.
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He visited the Colombo Dockyard PLC (CDL) and Tradlanka Agricultural Enterprises Ltd. (Ariya Food), as well as several hospitality schools, to explore the possibility of forming joint ventures.
Ayade said that he is seeking to formulate an agreement with Colombo Dockyard to have ship repairing facilities at several ports in Nigeria. "We are looking at a joint venture with CDL."
Ayade, a leading business magnet in Nigeria, also owns two three-star hotels and is building a 400+ rooms five-star hotel in Nigeria, which is to open early next year.
This story is from the September 08, 2025 edition of Daily FT.
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