Home / Human Rights / ‘$1.3bn investments in Nigeria under threat’ – US Diplomat

‘$1.3bn investments in Nigeria under threat’ – US Diplomat

The Government of the United States of America (USA) has declared loss of confidence on President Muhammadu Buhari and the All Progressives Congress (APC) government, expressing disappointment on the performance of the ruling party government.

It was gathered that the United States (U.S.) High Commission Consul-General, Bray, expressing the disappointment of the home government, declared that $1.3 billion American businesses in Nigeria are under threat.

The Consul-General at the 2018 International Investment Conference – Promoting Investment, Connecting Business – organised by the Lagos Chamber of Commerce and Industry (LCCI), in Lagos, identified that the threats to the US investments in Nigeria are coming from instability in the exchange rate, policy inconsistency, poor electricity, dearth of infrastructure, regulatory and security issues.

Bray decried that American investors have problems with the inconsistencies of policies which are made and altered at will, lamenting that the threats have the tendency to discourage investors into the country.

The Consul-General contended that “the threats have the capacity to discourage any investor as there seems not to be a clear-cut obedience to rule of law to protect investors.”

The US Diplomat further bemoaned that Nigeria still has image crisis which needs to be addressed urgently. He observed that though security challenges is still perturbing, it is not sufficient to discourage genuine investors as what they need to do is just to take care of their personal or corporate existence.

Bray advocated the imperatives of developing competitive infrastructure; emphasizing the need to network cities and the hinterlands across the states to facilitate easy movement of goods and services.

About Dotun Roy

DotunRoy.com is a development driven news website with the overall goal of amplifying, promoting and advocating for positive societal change through Sustainable Development advocacy in line with UN SDGs components such as education, environmental sustainability and Climate Change, Human Rights, health, finance, housing, good governance as well as security in Nigeria and across the world.

3 comments


Strict Standards: Only variables should be assigned by reference in /home/dotunroy/public_html/wp-content/themes/jarida/comments.php on line 21
  1. To help you outside in generating more visitors for your site, every single
    ways expand your webpage visitors. Software usually comes with
    a computer when you buy it. Ebooks cannot replace such practice. https://918kiss.poker/downloads

  2. We some success with my Ranking Vin Diesel’s Movies article turf would be thought I would do a different.
    Can you guess who I chose? If you said anyone other than Jennifer
    Connelly then you must be comfortable with my writings, hello,
    nice meet up with you. If you did say Jennifer
    Connelly then to you I must say, thank you captain obvious.

    This style clearly meant a lot to the nominees, giving even the longshots a special moment in the sun. However, features workout plans
    probably definitely the big reasons the Oscars were almost
    three and a half hours long. So the Oscar reviews will
    have their reasons to pan the design and style as basically.

    Yikes! Jennifer Aniston and Jack Denims? Although Jack Black does develop a great joke about
    doing voices for Dreamworks films and betting the money he tends to make
    it on Pixar movies at the Oscars.

    So, what keyed Ottawa’s success? Well, Erik Karlsson burst to the scene using a tremendous season wherein he scored 78 points and was
    a plus-16. To explain a little loved joker android apk film, he’s still page.
    Karlsson may not win another Norris Trophy this season,
    even so think he’s got one belonging to the league’s top blueliners right away.
    I have some positveness. He wasn’t the whole story, then again. Jason Spezza
    returned to develop and scored 84 things.

    Milan Michalek tallied 35 goals. Daniel Alfredsson showed signs of life, as did Sergei Gonchar.

    Craig Anderson in a position be not bad, which was a
    nice bonus.

    Yay! It’s more ‘Slumdog Millionaire’ party! Somewhere Ellen is shaking her
    groove thang. (Dev Patel loves it!) Along with the Best Song
    Award visits. ‘Slumdog Millionaire’! Oh wait, there was two songs from the film.
    ‘Jai Ho’ (the one more than dancing!) advantages.

    Let’s just say it isn’t the same Joaquin Phoenix we are accustomed to seeing.
    Hopefully he’ll back again to acting one day and we cannot be saying what happened to Joaquin Phoenix from then on.

    After the battle, the dying divided Roman emperor, Marcus Aurelius (Richard Harris), tells Maximus that
    he wants Maximus to succeed him. He wants Maximus to work “guardian” of
    Rome, and return all power in order to the Senate, so Rome can become republic this time around.

    All I know is that Joaquin Phoenix is a talented actor and
    I’d hate to see his talents get wasted. Even if Phoenix’s choices will not the best on the globe at least his acting
    can consider noteworthy. Whatever the stage that the documentary, Joaquin Phoenix has certainly created a buzz at the Venice Film Festival. http://Harber-Lebt.de/index.php?option=com_easybookreloaded

  3. Il En Vente Libre Dans Les Pharmacies Belges Bo Levitra 20 cheapest cialis Propecia Adverse Effects Testicular Pain Levitra Y Alcohol Cytotec Et La Femme

Leave a Reply

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

*