Citizens, foreigners scared of investing in Nigeria, says NESG - Punch Newspapers

The Chief Executive Officer, Nigerian Economic Summit Group, Laoye Jaiyeola, has urged state governments to improve on their investments and create enabling environment for businesses to thrive as well as attract investors in the country.

He said, “The solution is that what we need is to bring investment. There are private sector people in Nigeria today who are afraid to invest their money in the country. Our foreigners are not bringing their money; Nigerians are taking their monies out. According to Jaiyeola, the state of the economy is not where it should be as the country has recorded three recessions in the last 10 years.

Why will they invest in a country where they stifle modern tools for business, Ban crypto, Ban twitter, ban Fintechs, stifle free speech, regulatory institutions running at the behest of politicians, policy somersaults etc.. See what happened to E-bike businesses in Lagos State.

Sending money to Nigeria now is risk. If you come back home, EFCC will collect part of the money you suffered for under cold weather. The best is to invest in other African countries.

If na u nko

only a fooI will set foot in jihadíst nigeria where innocent defenseless people are mass murdèred daily by government backed jihadíst fulani terrorísts… as for investing, a fooI & his money soon separate… jihadíst nigeria government shut down businesses without notice

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Who wouldn't be in a country were the worst are made to lead.

An institutional investor just pumped $75MUSD into ecobank. Guess they aren't part of people you are talking about.

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