The Director General of Debt Management Office (DMO) Dr. Abraham Nwankwo has called on Nigerians both residing at home and abroad and other interested foreign investors to have faith in investing in Nigeria.
Dr Nwankwo stated this while fielding questions yesterday on a live Ben Television Morning Talk Show linked from Abuja, Nigeria. He emphasized that there was both enormous untapped resources and abundant potentials in the Agricultural, Energy, Oil, Gas, Power, and Infrastructural sectors of Nigeria’s economy. He therefore called on Nigerians in diaspora to key into the vision of President Muhammadu Buhari’s focus on transparency, accountability and zero tolerance for corruption coupled with government’s determination to create an enabling environment to encourage and attract serious investors.
Dr. Nwankwo allayed the fear that Nigeria’s debt profile was abnormal stating that careful and necessary borrowing was needful in the short, medium and long term provided it was properly channeled to benefit citizens.