In an interview with Arise Television, political strategist Baba Yusuf, the group CEO of Global Investment and Trade Company, stated that President Asiwaju Bola Ahmed Tinubu has one major selling point that he cannot have taken away from him since taking office.
He stated in the interview that “from a strategic and political development perspective, the situation we found ourselves in is a reflection of what some of us have been saying.” What I always talk about is the scourge of our national progress. Policy research and inadequate coordination of policies.
Regarding the programs being developed by this administration, he stated, “Despite the noble intentions, government agencies have persistently and entities working across purposes to the detriment of the country.
He further added that “I read the letter written by the Manufacturers Association of Nigeria (MAN). It is a very brilliant letter, and it is very robust.
Yusuf hailed the President of Nigeria, saying that “President Tinubu has had one big selling point since he came into this administration, and nobody can take it from him. He has invested a lot of time and money going out to try to bring in foreign direct investment. A chunk of his time has been spent doing that. Now here we are with a policy that may negate his efforts.
Regarding what investors do before entering partnerships with other nations, he said, “From a strategic and investment perspective, an investor will not just come to your country unless he or she does due diligence.
On the discussion between Tinubu and potential investors, he said that “the conversations with Mr. President will have bilateral conversations and all the comforting words. We saw Mr. President say, If somebody asks for a bride, tell us about them. These are part of the marketing gains for Mr. President to ensure he comforts them.
He further added that “they (investors) will do their due diligence, and from a risk access perspective, if you do SWOT analysis, what comes up always, either in the private or public sector in the case of Africa and developing nations, is a threat caused by inconsistent policies.
