Nigeria should attract foreign investors not chase after them – Peter Obi

Peter Obi, the Labour Party’s presidential candidate, stated that Nigeria should attract international investors rather than chasing them.

On Sunday, Obi mentioned this at an X-space live chat titled “ParrellelFact.”

His remark follows President Bola Tinubu’s recent foreign tours to encourage foreign direct investment (FDI) to the country.

Obi said, “Nobody goes around searching for foreign investors. Foreign investors are like bees; when you keep the honey, they will boom towards there. We need to attract foreign investors and not chase after them,” he said.

But, President Tinubu, in his interview with The Nation on Sunday said the country is engaging with the global market- both foreign and domestic investors.

According to the president, Foreign Direct Investment is not ‘Chicken Change’ but a long-term financial commitment from serious enterprises and investors.