Governor Babajide Sanwo-Olu of Lagos State and Faruk Saleh, the Chief Executive Officer of Metro Capital Advisory Group, have asserted that despite challenges, Nigeria presents rare business opportunities.
They made the assertion yesterday while speaking at the ongoing Africa Investment Forum (AIF) Market Days 2023 in Marrakesh, Morocco, where multimillion-dollar investment deals are expected to be sealed.
Governor Sanwo-Olu emphasized that Lagos aspires not only to be a prominent entity but to be an efficient and effective force to reckon with.
He said efforts have been made to streamline the regulatory environment and eliminate red tape, making Lagos a more welcoming destination for international collaboration.
On his part, Faruk Saleh, the CEO of Metro Capital Advisory Group, expressed his commitment to building a medical hub in Abuja to repatriate 1,000 Nigerian medical doctors working abroad.
He pointed out that if challenges are factored into business models, a high prospect of return on investment (RoI) is guaranteed, arguing that the perceived challenge of poor access to funds is overstated, as Nigerian commercial banks have both the capacity and willingness to fund any viable project.
According to Oscar Onyema, who is the Chief Executive Officer of the Nigerian Stock Exchange (NGX) Group, complaints about political risk in Nigeria and other African countries were misplaced, adding that the entire global community is faced with similar challenges.
By xamse
November 10, 2023
