In this post, we digest some top stories that make up the front pages of major Nigerian newspapers on Monday, 09 December, 2024, and provide key advocacy asks.
32 states, FCT record zero foreign investment in 2024 – Daily Trust
A total of 32 out of 36 states and the FCT attracted zero capital importation (foreign investment) in the first 9 months of 2024 up from 27 states in the whole of 2023. This is according to the latest Capital Importation data from the National Bureau of Statistics (NBS) for the third quarter of 2024.
We urge state governments to take proactive steps to address the alarming decline in foreign investments by creating investor-friendly policies, improving infrastructure, and ensuring security to foster confidence among potential investors. They should also focus on diversifying their economies, reducing bureaucratic bottlenecks, prioritising transparency and enhancing ease of doing business in their states.
How non-appointment of ambassadors is hurting Nigeria – Envoys – Vanguard
EXACTLY 466 days or 15 months after President Bola Ahmed Tinubu ordered the recall of envoys, Nigeria’s foreign missions have been without ambassadors. The development comes with the possibility of harming the gains Nigeria is expected to reap from the President’s recent trips to China, France, South Africa and the visit of Indian Prime Minister, Narendra Modi, to Nigeria, some ambassadors told Vanguard.
We call on President Bola Tinubu to urgently appoint ambassadors to Nigeria’s foreign missions, as swift action will ensure Nigeria capitalises on these global connections to advance economic growth, trade relations, and international cooperation.
Tinubu, others congratulate Mahama as opposition clinches Ghana Presidency – Punch
President Bola Tinubu, on Sunday, congratulated President-elect John Mahama on his victory in the December 7 general election in Ghana. This came after his rival, the country’s vice president and ruling party candidate, Dr Mahamudu Bawumia, conceded defeat on Sunday.
We urge the Independent National Electoral Commission (INEC) and political actors to draw critical lessons from Ghana’s peaceful elections. To build a thriving democracy, Nigerian politicians should emulate such civility and respect for the will of the people, while the electoral commission must ensure transparent, credible processes that foster public trust.