Looting: Nigeria losing investment-friendly attraction, says NACCIMA

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The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture says efforts to project Nigeria as favourable and an investment friendly destination to investors have become futile

with the ongoing looting and destruction of properties.

“NACCIMA’s efforts as a national chamber to help project our country as a favourable and investment friendly destination to our business partners abroad, and other foreign investors over the years is now suffering a serious setback,” she said. “Unfortunately, a hitherto peaceful, legitimate protest has been hijacked by thugs and miscreants, resulting in attack on businesses, destruction of government properties, burning of police stations and correctional centres to free prisoners,” Aliyu lamented.

“We are therefore calling for an end to the involvement of the military in current situation. The impact of the crisis and wanton destruction of property as being witnessed is clear for all to see. Billions have been lost in arson and looting going on.”

 

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Listen to the youths and we help ourselves

NACCIMA we have heard you. USELESS!

When potential foreign investors already know that top notchers are Legit kickbackers, launderers&desperate 15%ers who will never make investments take off with ease before collecting their cuts.Let the telcos,others as Eko waterways transport business potentials, MAN,etc tell u.

let gov. lose.what has the gov. done for the youth who have been 'losing their lives,business,jobs and love ones' due to bad gov.policies .endsars

Does the investment attracted to Nigeria really benefit the ordinary citizen in anyway? The present governance structure in Nigeria isn't sustainable; urgent and practical steps must be taken to address the current contradictions. If not, lawlessness will befall us...

The evil that men do lives with them.. no peace for the wicked.. it's a result of BadGovernance

Na e good....all the money wey dem dey borrow dey Neva pay ooooo....God Neva start to dey punish the govt... HE just dey start

Who wants to insure political risk?

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