Governor Babajide Sanwo-Olu has underscored the dynamic nature of investment environments, emphasizing that understanding investor needs is crucial for attracting and retaining capital.
Speaking at a recent event, Sanwo-Olu pointed out that risk assessment plays a central role in investment decisions.
“Risk management is key to ensuring that investors feel confident in their investments, and that’s what interests them,” he explained, stressing the importance of how risks are allocated and managed.
Addressing concerns about divestment, the Governor noted that it is a natural aspect of the investment cycle. “Money is fungible, and investors are always looking for places where they can maximize returns.
Once those returns are achieved, divestment often follows,” Sanwo-Olu stated. However, he emphasized that divestment is not necessarily negative.
Read also:
- World Bank set to approve $1.13bn in loans for Nigeria’s economic sectors
- Nigeria partners with UK biotech firm to boost farming
- Ogun State recognizes top graduates, invests in future workforce
- Ogun East road projects to boost small businesses, local trade
- Nigeria Strengthens global partnerships to boost women’s financial inclusion
The key, he said, is ensuring that the environment remains attractive for new investors, offering a variety of opportunities to keep them coming back.
Sanwo-Olu concluded by highlighting the importance of staying competitive in the global market, noting that the Africa Investment Forum has successfully mobilized nearly $180 billion in investment interest since its launch in 2018. “We need to step up our game and position ourselves as a preferred destination for global investments,” he said.
This approach is vital for small and medium-sized enterprises (SMEs) seeking to tap into the growing investment landscape and secure sustainable growth opportunities.
Discover more from SMALL BUSINESS INSIGHTS
Subscribe to get the latest posts to your email.
