Showing posts with label U.S. Department of State. Show all posts
Showing posts with label U.S. Department of State. Show all posts

Wednesday, October 21, 2026

Peter Obi: Scaring Investors While Celebrating Macroeconomic Stability!

 As the APC-led government continue in their delusional celebration of Nigeria's macroeconomic stability, the warning from the United States Government to prospective investors on inherent risks in Nigeria, further affirms the general and correct assessment that President Bola Tinubu-led government is incompetent, ineffective and corrupt.


*Peter Obi

In the 2026 Nigeria Investment Climate Statement, the U.S. Department of State clearly flagged corruption, insecurity, inconsistent regulatory enforcement and weaknesses in the judicial system, cargo delays and power sector challenges as key factors undermining investor confidence in Nigeria. The report went further to caution investors of the possible use of arbitrary detention, travel restriction and immigration enforcement to coerce foreign businesses in Nigeria.