But he added “we are breaking that – bureaucracy is everywhere and tends to be that way and after a while, regulators don’t recognize anymore that the reason they are there is to facilitate business. They are more policemen than facilitators.”
“For example, if you recall, if you were doing any sort of banking business, you need to take a banking license of N25billion. CBN in response to some of the work being done agreed that for many financial intermediary services, there was a need to create other licenses that were not that expensive. His words: “the interesting thing is that there are a lot of Venture Capital firms involved, investors from different parts of the world investing in them .
“I work with a wide variety of Venture Capital Firms led by black people, to advance the cause of black people globally. I intend to bring other Venture Capital leaders who control an enormous amount of assets to have conversations with Nigeria about emerging opportunities for investments.”
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