Australia based Nigerian and publisher of 9News Nigeria and CEO of Nine Communications Nigeria Limited, Mr Obinna Ejianya has actually prompted President Bola Ahmed Tinubu to focus on the stability of electrical energy supply and the suppressing of insecurity in the nation.
He thinks that concentrating on these problems is more vital than regular abroad journeys targeted at drawing in foreign financiers to Nigeria.
In a post on Wednesday entitled ‘President Tinubu Should Prioritize Power and Security Stability Over Chasing Foreign Investors’ on his main Facebook and Twitter accounts @obinna_ejianya, Ejianya stressed that by accomplishing a constant power supply and attending to security issues, Nigeria will naturally bring in foreign financiers.
Obinna Ejianya highlighted that an allowing environment is vital for bring in foreign financiers and mentioned Nigeria’s useful group as a substantial aspect.
According to him, “President Bola Ahmed Tinubu need to move his focus towards attending to the problems of power supply and insecurity in Nigeria, instead of hanging out and resources on bring in foreign financiers. Focusing on power supply and security will produce a favorable environment for both regional and foreign financiers, eventually driving financial development in Nigeria.”
“Stable electrical energy power supply and appropriate security are a few of the significant ultimate aspects that not just develop a making it possible for environment however likewise assist to support the regional economy thus supplying a rewarding favorable force that naturally drives foreign financiers to the nation.
“The current success of Aba, Abia state in accomplishing a steady electrical energy supply functions as an important lesson in this regard.
“The President was the one who inaugurated the Geometric Power Plant in Aba, twenty years after it was at first started by Barth Nnaji, a previous Minister of Power. Guv Alex Otti of Abia state applauded the task, associating its success to the power of dreaming. He mentioned that with the power job in Aba, the city is now available to nationwide and global company chances.
“The individuals of Aba, Abia state are presently commemorating continuous power supply for 48 hours, thanks to the Geometric Power Plant setup. Given that among the 4 turbines at the plant was triggered, specific locations of Aba have actually been taking pleasure in constant electrical power.
“Following the activation of a steady power supply by Geometric Power, financiers have actually currently begun revealing interest in Aba. Taiwanese Directors of Maxxis Tyres just recently checked out Ukanku Community in Ukwa East LGA, Abia State to check possible websites for developing a major tire production plant.
“This instant action from financiers highlights the favorable effect of 24-hour electrical power in Aba and its surrounding locations. The production series of the proposed plant would consist of motorcycle/tricycle tires, automobile tires, light trucks, ATVs, trailers, and more.
“While I applaud the President for his undaunted personality in repairing the recession in Nigeria, I still earnestly advise that President Bola Ahmed Tinubu ought to focus on important elements such as power and security rather of regular worldwide journeys that are supposedly targeted at charming foreign financiers. By guaranteeing security and a constant power supply in Nigeria, Tinubu can naturally draw in foreign financiers without the requirement for extreme expense on foreign journeys with big entourages. Nigeria’s big population makes it an appealing location for financiers.
“The absence of a steady power supply, insecurity, and other existential bothersome issues are preventing foreign financiers and triggering aggravation amongst regional financiers. Focusing on power supply and security will develop a favorable environment for both regional and foreign financiers, eventually driving financial development in Nigeria.