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Investment cannot thrive in atmosphere of instability, says Buhari

Ibrahim Ahmadu by Ibrahim Ahmadu
November 1, 2016
in Breaking News, News
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President Muhammadu Buhari has identified political and social stability as key factors that attract and cause investments to thrive anywhere in the world.
The President made his position known when he received Mr Harry Kalaba, Minister of Foreign Affairs and Special Envoy of the President of Zambia, Mr Edgar Chagwa Lungu, at State House, Abuja, on Tuesday.
Buhari said he was happy to hear that Nigerian investors operated in good number in the Zambian economy, noting that such would not have happened if there was no stability.
According to him, business people are shrewd, and will check and double check, before investing their resources in any country.
The President congratulated President Lungu on winning a second term in office in August, saying “elections are not always easy in Africa’’.
The special envoy said Zambia admired Nigeria’s leadership role in Africa, and would love to collaborate more with it.
“The true African spirit is shown by Nigeria, and she firmly believes that Africa needs cohesion to emancipate.
“Only a stable Nigeria is good for Africa,” Kalaba said.
According to him, Zambia stands with Nigeria in the war against insurgency and will always be willing to lend a hand.

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© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.