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Seeking for investors abroad is a waste of time – Peter Obi tells FG


The presidential candidate of Labour Party in the 2023 elections, Mr Peter Obi, has said that foreign investors are like bees and honey, and that a government that does not know where the country is going is wasting time going abroad to seek investors.

Peter Obi emphasised that the Federal Government’s endeavours to attract foreign investors abroad would be futile without establishing a conducive business environment.

“If you put honey here, how the bees will converge, no one will tell you,” Obi said. “After the G20 meeting, Emmanuel Macron, French president flew to Bangladesh because the country had just ordered 10 Airbus 350s, so he had to go and see them. If you look at all the economic analysis, go and look at where Bangladesh would be in 2030 and up to 2050. But no one knows where we are going to be.”

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