Aterdo Peterside reacts to Procter & Gamble's exit from local production in Nigeria, stating that the departure signifies a concerning trend.
Peterside suggests an alternative perspective, indicating that investors valuing the rule of law, policy consistency, and macroeconomic stability are increasingly withdrawing from Nigeria.
This void, he notes, is only partially filled by investors adept at navigating political partnerships and exploiting the system through waivers and exemptions.
Peterside's commentary underscores the challenge of retaining investors prioritizing transparency and adherence to established economic principles in the Nigerian business landscape
