Be wary of desperate politicians without second address – Nnamani

Foreign business group to invest in oil, gas, power

The former Senate President, Senator Ken Nnamani on Thursday warned Nigerians to beware of desperate politicians without any second address.

He spoke with State House correspondents after himself and Chairman of the Chrome Oil and Gas, Chief Emeka Offor, led foreign businessmen to the Vice President Yemi Osinbajo’s office.

Nnamani, a chieftain of the All Progressives Congress (APC), also advised struggling politicians to have a second address.

To politicians who do not have any other business apart from politics, he said, “I think our problem is that if you enter politics and you have no second address; the chances of your getting in trouble is very high.

“I am here strictly on business, they are talking about billions of dollars investment in Nigeria and that tells the confidence his company has in our country.

“I am not just a politician; I was in business before entering politics, so I have a second address and my suggestion to Nigerians who are struggling in politics is to make sure you have a second address; don’t be a desperate politician; desperate politicians do desperate things and we can see the examples.” he said.

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According to him, he was part of the meeting to observe how the Federal Government would receive the investment proposal, adding that the government was receptive.

“I am here just to observe how receptive the government is to this; the government is quite receptive according to the vice president; because they have made other investments in Nigeria and they are continuing to do so.” he stated

The Chairman of Chrome Oil and Gas, Chief Emeka Offor, said that he brought foreign investors from Europe to meet with the Vice President on the investment opportunities in oil, gas, power and electricity.

He said, “We brought a major investing group from Europe; that’s why we are here; we are looking into investing in oil and gas, electricity power and others.

“They have seen that the atmosphere in the country is conducive for investments; we are exploring the particular investment region we are going to invest.”

He said that they were partnering with ELAND Oil and Gas from the United Kingdom and that the investment will be all encompassing and in billions.

The President of Integra Capita, Argentina, Dr. Jose Luis Manzanita, expressed delight on the investment climate in Nigeria which he said was very conducive.

He said, “We are very happy being in Nigeria; we like the business atmosphere; there is credibility; we believe Nigeria has material industry but can produce much; we have already invested in Nigeria and we plan to do more.

“We work close to ELAN, ELAN has been very successful; and we support them and we keep investing with them.

“The Vice President was so warm and he transmits the trust that the government has in private investment.” he stated

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