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Obi suggests ways to tackle  exodus of multinationals

Robert Imoh by Robert Imoh
June 24, 2024
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Mr Peter Obi, Labour Party’s Presidential Candidates in the 2023 General Elections, on Monday suggested  ways Nigeria could tackle exodus of multinational companies.

The former governor of Anambra State made the suggestions  on his X handle.

According to Obi, exodus of multinational companies from Nigeria has cost the nation N95 trillion in the past five years.

Obi said that tackling the issue would require creating a business-friendly environment that would  boost investment, innovation and growth.

“This includes prioritising security, stabilising our policies and reducing energy costs.

“We must also cultivate a culture of transparency, accountability and good governance.

“We can build an economy that benefits all Nigerians. Let us unite to transform Nigeria into a nation conducive for business and  attractive to investment.

“Together, we can make Nigeria a beacon of hope and progress in Africa and the entire  world,” he said.

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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.