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Mass killings May Scare Investors, Says NLC

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  • Mass killings May Scare Investors, Says NLC

The Nigeria Labour Congress (NLC) has raised the alarm that the frequent serial killings in some states may scare foreign investors from the country if not urgently tackled.

The NLC President, Ayuba Wabba, reacting to the killings around the country, notably in Benue, Nasarawa, Adamawa, Rivers and Taraba states, lamented that these mass murders have continued unabated as if the nation’s security agencies are helpless.

Noting that the action could make the outside world to consider Nigeria unsafe, he maintained that no government can survive the horror of another terrorist group in the country.

“Mass killing is enough a symptom of terrorism and we can’t afford to have our country classified as a safe haven for terrorist groups as these will scare off the much needed foreign investors,” he said.

According to him, “these killings have not only threatened security of lives and properties but constituted a major impediment to the much needed growth and development of the country as regular work in both informal and formal sectors of the economy have grimly been hampered while the economy groans.”

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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