November 4, 2024
Prof. Soludo Calls for Derisking Strategic Investments for Private Sector
Business News

Prof. Soludo Calls for Derisking Strategic Investments for Private Sector

Prof. Soludo Calls for Derisking Strategic Investments for Private Sector
Prof. Soludo Calls for Derisking Strategic Investments for Private Sector

The Governor of Anambra State, Chukwuma Soludo, says indigenous Nigerian companies have a higher risk appetite than foreign investors and multinationals. 

Making the assertion on Wednesday in Abuja at the maiden edition of the Abuja Business and Investment Summit organised by the Abuja Investment Company Limited, Gov. Soludo described foreign companies exiting the country as “opportunistic” firms that jump from one country to another “the day they have itchy feet”.

The former governor of the Central Bank of Nigeria (CBN) while speaking on the theme of the event, ‘Optimising Investment Through Partnerships’ said the “government must learn to derisk certain strategic investment for the private sector” as indigenous “nationals have higher risk appetite to invest in Nigeria”.

Also Read: Q2 Report Reveals TikTok Deleted 2.1 Million Videos In Nigeria

Prof. Soludo called on policy makers to be more intentional about mainstreaming a Nigeria First philosophy as is the case in many countries like the United States of America that is currently pushing ‘America first’ philosophy. 

Leave feedback about this

News, Today In the News

Entertainment News

News, Today In the News