Nigerian Government explains absence at US-Nigeria Investment Forum

Recall that the Emir of Kano, Alhaji Muhammad Sanusi had criticized attitude displayed towards the event by government officials slated to attend the summit.

The Federal Government has denied a claim by The Emir of Kano, Mohammadu Sanusi II, that Nigerian Ministers who were invited to the US-Nigeria Investment Summit in Washington, DC, on 19 April 2018 shunned the forum.

The emir, who spoke with reporters after the session on Private Equity and Financing, chaired by Nigerian business man, Mohammed Indimi, Chairman/CEO Oriental Energy Resource, expressed disappointed at the lack of interest exhibited by the Nigerian officials towards the event.

A former Senior Special Assistant on Public Affairs to former President Goodluck Jonathan, Doyin Okupe reacted to the development that what government officials normally do while on foreign trip is shopping spree at the expense of other things. “When I came in, they took me to the ambassador’s office to sit down, when investors were waiting down there”, Sanusi said.

Also not at the meeting were Governor of the Central Bank of Nigeria, Mr Godwin Emefiele; the Executive Secretary, Nigerian Investment Promotion Commission, Ms Yewande Sadiku; and all Governors, who travelled to the United States. If you have this forum in the Rwandan embassy, I assure you President Kagame himself would be there telling people to come to Rwanda.

“There is absolutely no reason why the Nigerian Embassy in the U.S. will organise “Nigeria is open for business” forum, with Nigerian ministers and some governors in town and not in here to meet these investors”.

Mohammed said no Minister shunned the Summit held at the Embassy of Nigeria in Washington and the reports being circulated in that regard are bereft of facts. “Because at the end of the day, this is the first point of the country”.

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He said, “For the person sitting in London and who has a billion dollars to invest, he’s got Nigeria, he’s got Ghana, he’s got Rwanda, Kenya, South Africa”. Will I wait 10 hours?

“And for these kinds of people (investors) in DC, they have other heads of states, World Bank to meet and one hour is a lot of time for them to wait”.

The investors haven’t even come to Nigeria; so, what will be his experience in Abuja if he is having this experience in Washington?” he asked.

But he was quick to add that investors are still interested in investing in the country’s agriculture, mining and technology sectors and not just oil.

Meanwhile, the founder of Oriental Energy, Alhaji Mohammed Indimi, has pledged to continue to expand his investment in Nigeria and also encourage his friends both home and overseas to do so.

Our reporter saw the Minister of Transport, Rotimi Ameachi, whose name did not appear on the itinerary, but he disappeared after a few minutes.

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