Independence Day Lies? Tinubu's $30b Foreign Investments Claim Is False

Oct. 3, 2024 - FIJ NG

Still, he asked Nigerians to be patient as his administration had attracted over $30 billion in foreign direct investments (FDI) last year. READ ALSO: Independence Day: Tinubu’s Will Go Down as One of Nigeria’s Worst Administrations — Political CoalitionFIJ reviewed Tinubu’s statement to verify the authenticity of his $30 billion FDI claim.

COMMITMENTS NOT INVESTMENTSTuesday was not the first time the executive arm of the federal government made the $30 billion FDI claim. On March 5, Mohammed Idris, Minister of Information and National Orientation, said the government had attracted over $30 billion in FDI commitments.

Tinubu’s $30 billion statement is false, as the commitments may not fully materialise during his four-year term...