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Seplat, FDI And The Rule Of Law, By Onikepo Braithwaite

It is our hope that one thing the incoming administration will prioritise, is attracting Foreign Direct Investment (FDI). FDI is a must, for a developing country like ours that seeks economic growth; Nigeria definitely needs it; because, unfortunately, not only have our foreign investors been leaving the country in their numbers, our young and strong Nigerians have also been ‘checking out’ to greener pastures in droves (it’s now referred to as the ‘Japa’ Syndrome). The oil majors have been divesting themselves of most of their onshore assets, only keeping those that are offshore. ....

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