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Nigeria Isn’t A Perfect Place For Foreign Investors – Sunny Onuesoke

Chief Sunny Onuesoke

Chief Sunny Onuesoke

Peoples Democratic Party (PDP) chieftain and ex-Delta State Gubernatorial Aspirant, Chief Sunny Onuesoke has come out to share why Nigeria is not a perfect place for foreign investors.

He revealed this while addressing journalists immediately after a visual business conference with some foreign investors.

According to him, the nation lacks the security and infrastructures to attract foreign investors into Nigeria and that is where we keep getting it wrong.

He added that Government agencies bottleneck, corruption, insecurity, unwanted illegal or local taxation by Customs, NPA, NAFDAC are other causes of the distraction of foreign investors to Nigeria.

His words, “Government agencies bottleneck, corruption, insecurity, unwanted illegal or local taxation by Customs, NPA, NAFDAC and inconsistent government policies among others are the causes of distraction of foreign investors to Nigeria. You cannot imagine where an investors’ goods that must have been legally cleared at the nation’s port only to be stopped at every polls by either Custom Officers, NAFDAC or Nigeria Standard Organisation demanding for one documents or the others. You will see investor paying over and over for goods that have already been legally cleared at the wharf.”

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The People’s Democratic Party (PDP) is a major contemporary political party in Nigeria. Its policies generally lie towards the centre-right of the political spectrum. It won every Presidential election between 1999 and 2011, and was until the 2015 elections, the governing party in the Fourth Republic although in some cases, amid a few controversial electoral circumstances. Currently, PDP controls 14 states out of 36 states in Nigeria.

In 1998 the PDP in its first presidential primary election held in Jos, Plateau State, North Central Nigeria norminated former military leader Olusegun Obasanjo who had just been released from detention as political prisoner as the presidential candidate in the elections of February 1999, with Atiku Abubakar (Governor-Elect of Adamawa State and a former leading member of the Social Democratic Party) as his running mate. They won the presidential election and were inaugurated 29 May, 1999.

The longtime slogan of the People’s Democratic Party has been “Power to the people”. During the party’s National Convention in Port Harcourt, Rivers State on 21 May 2016, David Mark, a former President of the Senate of Nigeria, introduced “Change the change” as the party’s campaign slogan for the 2019 general elections.

In the 2019 elections, former vice president Atiku Abubakar and PDP presidential candidadate and his party rejected the outcome of the elections as INEC was yet to conclude the process and make an official pronouncement. On the 25th of February, PDP National Party Chair, Prince Uche Secondus alleged that the result as announced by INEC were incorrect.

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