• 363

    USD/NGN

BOKO HARAM: Investors Beg Jonathan to Speed Up Action

BOKO HARAM: Investors Beg Jonathan to Speed Up Action

Business men in the country have pleaded with the Federal Government  to fast-track the dialogue process with the Boko Haram sect in order to avert further destruction of lives and property as a result of the  frequent attacks by the sect.

The President,  Abeo-kuta Chamber of Commerce, Industry, Mine and Agriculture ABEOCIMA, Alhaji Surajudeen Bada who made the plea on behalf of stakeholders yesterday in Abeokuta, noted that business can only thrive in a peaceful atmospphere.

”The incessant bombings that had claimed hunfdreds of lives in some northern states as well as high rate of armed robbery in other parts of the country are enough to scare potential investors away from the country”.

Speaking on the cashless economy,the Chamber commended the Central Bank of Nigeria for the policy which according to it, was designed to curb cash dominance with its implication for cost of cash management to the banking industry, security  and money laundering.

The chamber however urged the C B N to ensure that all the loose ends are tightened to forestall undue manipulation by unscrupulous elements who may want to exploit the situasion to the detriment of the people.

While commending Ogun state government on its strides on urban renewal projects across the state, Bada said the development has given the state capital a befitting look.

The President therefore urged the government to sustain the tempo and extend the gesture to the rural areas. 

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