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From Okey Sampson, Umuahia
An Aba-based industrialist, Chief Emma Obi, has condemned the drive by the nation’s leaders to woo foreign investors to the country.
Obi, the immediate past president of Aba Industrialists Association (AIA), said instead of the country’s leaders to spend taxpayers money moving about, begging foreign businessmen to come and invest in the country, what they should do was to put in place the things that would attract foreign investors to the country.
He described the attraction to be putting adequate security in place, provision of uninterrupted power supply, good and accessible roads and stability in exchange rate.
The industrialist added that a country without stability in its currency was like a disorganized society where nothing meaningful would happen.
“No investor goes to a country to put down his money based on invitation. There must be something on the ground to attract him.
“The attraction should be putting adequate security in place, provision of uninterrupted power supply, good and accessible roads and stability in exchange rate.
“The truth is that these key factors, if any, are lacking in a country, an honest investor will not move into that country no matter how he was persuaded.”
Obi said he had observed that since Tinubu was inaugurated as the president, he had been moving around the world seeking investors, the same as the state governors.
He condemned the constant foreign investors campaign by the president and state governors, saying it was shameful that leaders of a nation, like Nigeria, would be moving around the globe begging people to come and invest in the country.
“Nigerians living abroad are afraid to come home as a result of insecurity; many of them have not visited home for the past five years and you want foreigners to come and invest.
“So many Nigerians are richer than the foreigners you are asking to come and invest, but they can’t do anything because of the times we are in.”
