President Muhammadu Buhari yesterday reacted to claims by his critics led by the opposition Peoples Democratic Party, PDP, that his recent pronouncements in India are capable of scaring away foreign investors, by insisting that he will always tell investors the truth about the nation’s economy.
This was as he explained that any serious investor meaning to invest in the Nigerian economy would have found out all he needs to know about the economy as such would not be deter by his sincere comments.
Buhari, who reiterated this position while receiving a report on the confirmation of ministerial nominees from the Senate President, Dr. Bukola Saraki, appraised the economy he had been faced with since assuming office in May and concluded that “we are so much battered.”
According to him, “the economy as I have seen it now since my sitting here for the last four months, that we are so much battered. Although some people are saying I am giving bad publicity and scaring away investors.
“Any investor who is interested in investing in Nigeria will seem to know more about the economy more than ourselves. So when I come and tell the truth about the position of the economy of the country, I am going out looking for investors.
“But I am confirming to them that we are truthful, that we need them to come and help us help ourselves by getting in industries, manufacturing and services.
“They know our needs. The economy of human resources, I believe, will make them come eventually and help us,” he assured.
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