Home / Lead Story / Obi in US commends Catholic Bishops ……says insecurity biggest challenge to investment

Obi in US commends Catholic Bishops ……says insecurity biggest challenge to investment

Peter Obi

Former Vice Presidential candidate of Peoples Democratic Party, PDP, Mr. Peter Obi has commended the Catholic Bishops Conference of Nigeria for significantly drawing national and global attention to the worsening security situation in Nigeria.

Obi, who spoke at the weekend at the sidelines of an International business conference organized by Nigeria, America Business Forum (NABF) said the peaceful protest by the Bishops shows the level of their patriotic concern on the challenging situation in the country.

According to a statement from Obi’s media office in Abuja, Obi charged other critical stakeholders in the country to join the Bishops in elevating the insecurity situation in the land for necessary action.

Mr Obi, who was the keynote speaker at the well attended forum said what Nigeria desperately needs now is Investment especially Foreign Direct Investment, FDI, to reboot her declining economy & create employment for her teeming unemployed youth.
But nobody will be attracted to invest in an unsecured or lawless environment, he stressed.

He said that the unemployment situation in the country is so frightening and any nation who cannot engage it’s teeming educated youths surely will have issues with social vices like crimes and criminalities.

Obi regretted that Ghana whose entire population is less than 20% of Nigeria’s population is attracting more Investment and attention than Nigeria with all its abundant capital and material resources.

Mr Obi said that all the attendees he spoke to personally had one or two worries, Security, and Law and Order, and he urged the Government to aggressively tackle the situation.

The conference that attracted top Nigeria Professionals, Entrepreneurs residing in USA, Governors, Government officials ie Nigeria Ambassador to USA, Nigeria Consul General in New York, Chairperson of Diaspora Council, Hon Abike Dabiri among other captains of industry has as its theme, ‘Improving Nigeria’s Economy: Challenges and Opportunities’.

About Global Patriot Staff

Check Also

Paving the way to a green economy in Nigeria By Victor I. Fagorite and Ifeoma Malo

A green economy is an economy that aims to reduce environmental risks and ecological scarcities …

Leave a Reply

Your email address will not be published. Required fields are marked *