{"id":132402,"date":"2023-12-18T14:49:28","date_gmt":"2023-12-18T14:49:28","guid":{"rendered":"https:\/\/www.ghanamma.com\/2023\/12\/18\/you-need-to-attract-foreign-investors-not-chasing-after-them-peter-obi-knocks-tinubu\/"},"modified":"2023-12-18T14:49:28","modified_gmt":"2023-12-18T14:49:28","slug":"you-need-to-attract-foreign-investors-not-chasing-after-them-peter-obi-knocks-tinubu","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2023\/12\/18\/you-need-to-attract-foreign-investors-not-chasing-after-them-peter-obi-knocks-tinubu\/","title":{"rendered":"“You Need To Attract Foreign Investors Not Chasing After Them” \u2013 Peter Obi Knocks Tinubu"},"content":{"rendered":"

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The Labour Party presidential candidate in the 2023 election, Peter Obi, has knocked President Bola Ahmed Tinubu over his frequent foreign trips.<\/p>\n

Obi, in an interview on X-space with ParrelFact, countered Tinubu, saying he should attract foreign investors rather than chasing them.<\/p>\n

He said: \u201cNobody goes around searching for foreign investors.<\/p>\n

\u201cForeign 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.\u201d<\/p>\n

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.<\/p>\n

READ MORE:\u00a0\u2018They\u2019ve To Use It\u2019 \u2014 Obi Backs Purchase Of SUVs For Lawmakers<\/strong><\/p>\n

Tinubu stated that Foreign Direct Investment (FDI) is not \u2018Chicken Change\u2019 but a long-term financial commitment from serious enterprises and investors.<\/p>\n

He noted that the country\u2019s 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.<\/p>\n

He said: \u201cFDI is not \u2018chicken change\u2019. FDI is substantial, long-term financial commitments made by serious enterprises and investors. Right now, Nigeria is re-engaging with the global market \u2013 both foreign and domestic investors.<\/p>\n

\u2018We are telling the story of our significant and far-reaching reforms and rebuilding confidence in Nigeria as an accessible and safe investment.<\/p>\n

\u201cWe are clearly communicating that \u2018Nigeria is open for business\u2019 and that the direction of travel is clear and fully committed.\u201d<\/p>\n

\n
\"\"<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

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