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Dele Momodu Urges Caution Over Policies Impacting Nigeria’s Business Climate

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Renowned publisher Dele Momodu has expressed concern over recent policies of President Bola Tinubu’s administration, warning that they could drive investors away from Nigeria. Speaking on Channels Television’s *Politics Today*, Momodu criticized the administration for its handling of investor relations, particularly in the case of the Dangote Refinery dispute. He suggested that such conflicts should be resolved privately rather than publicly to avoid damaging Nigeria’s business climate.

Momodu emphasized the importance of supporting and retaining local investors, highlighting the significant contributions of Aliko Dangote to both the Nigerian and global economies. He argued that Nigeria should not push away its successful investors, noting Dangote’s successful ventures in other countries as examples.

He also warned of the broader implications for Nigeria’s business environment, stating that negative perceptions about how the government treats investors could deter other potential business leaders and create unnecessary panic in the market. Momodu concluded by advising President Tinubu to foster strong relationships with private sector players to navigate the current economic challenges effectively.

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