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When Will Nigeria's Investment Potential Materialise?


Opening Business
The government must ensure that the right investment policies are created and clear all obstacles towards ensuring that both local and international investors don’t just express passing interest in the economy but back investment announcements with action. James Emejo writes
Executive Secretary, Nigerian Investment Promotion Commission, Ms Yewande Sadiku, recently at the quarterly media interactive session, stated that investors had shown their willingness to invest a total of $8.41 billion in various sectors of the economy during the first quarter of year.
The revelation is particularly exciting, given the dearth of foreign portfolio inflows in recent times, as the impact of the COVID-19 pandemic takes its toll on global and domestic economies. ....

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The Currency Printing Controversy


Godwin Obaseki
In this piece, James Emejo, chronicles the recent controversy surrounding the alleged printing of currency by the federal government to support the economy
Edo State Governor, Mr. Godwin Obaseki, last week, stirred a costly controversy when he claimed that the federal government has had to resort to printing of currency to augment shortfall in revenue.
The governor had, during the Edo State transition committee stakeholders engagement last Thursday, tried to warn about the consequences of country’s continued reliance on crude oil as major revenue sources as some of multinational oil companies and developed economies transit to alternative energy sources. ....

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