Foreign investors: Sanusi tells FG to shun lackadaisical attitude

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Emir of Kano, Muhammadu Sanusi II

The Emir of Kano, Muhammadu Sanusi II, has urged The Federal Government to reduce unnecessary bureaucracies and its lackadaisical attitude if it must succeed in bringing in the much needed foreign investments.

Lamido gave the advice on Saturday in Washington DC in an interview with newsmen after the US-Nigeria Investment summit at the Embassy of Nigeria.

He said that Nigeria had a strong economy and market that could make it an investment hub in Africa, but many investors had shied away from investing in Nigeria due to the attitude of government officials.

According to him, in spite the fact that Nigeria is the biggest economy in Africa, an investor may decide not to invest in Nigeria due to unnecessary hassles.

“Nigeria may be the biggest economy, but an investor may decide that rather than go through the hassles of investing 500 million…



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