The Labour Party presidential candidate in the 2023 election, Peter Obi, has knocked President Bola Ahmed Tinubu over his frequent foreign trips.
Obi, in an interview on X-space with ParrelFact, countered Tinubu, saying he should attract foreign investors rather than chasing them.
He said: “Nobody goes around searching for foreign investors.
“Foreign investors are like bees; when you keep the honey, they will boom towards there. We need to attract foreign investors and not chase after them.”
INFORMATION NIGERIA reports that this is coming, barely few hours after Tinubu, in a recent interview with The Nation, said that the country is engaging with the global market- both foreign and domestic investors.
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Tinubu stated that Foreign Direct Investment (FDI) is not ‘Chicken Change’ but a long-term financial commitment from serious enterprises and investors.
He noted that the country’s efforts to woo foreign direct investors were yielding fruit, adding they had secured a $500 million deal with Germany to fund renewable energy projects, particularly in rural Nigeria.
He said: “FDI is not ‘chicken change’. FDI is substantial, long-term financial commitments made by serious enterprises and investors. Right now, Nigeria is re-engaging with the global market – both foreign and domestic investors.
‘We are telling the story of our significant and far-reaching reforms and rebuilding confidence in Nigeria as an accessible and safe investment.
“We are clearly communicating that ‘Nigeria is open for business’ and that the direction of travel is clear and fully committed.”
