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Repatriate Funds to Boost Nigeria’s Economy

Ex-AGF Agabi: Bring Back Your Funds for National Development

Former Attorney General of the Federation (AGF) Kanu Agabi has called on Nigerians to repatriate their funds stashed abroad, whether obtained through legitimate or illegitimate means, to help boost the country’s economy.

In his statement, Agabi emphasized that bringing back these funds would provide a significant boost to Nigeria’s economy, which has been struggling with various challenges, including inflation, unemployment, and declining revenue.

Agabi urged wealthy Nigerians with overseas funds to consider the economic benefits of reinvesting in the country, highlighting that this would not only improve liquidity but also contribute to national development.

He stressed the importance of collective responsibility in addressing Nigeria’s economic difficulties and suggested that repatriating funds would serve as a patriotic duty.

His remarks underscore the growing concern over capital flight and the need for domestic investment to stimulate economic growth, create jobs, and strengthen Nigeria’s fiscal position.

Agabi’s call comes at a time when Nigeria is seeking ways to diversify its economy and reduce its dependence on external loans and revenues from the oil sector.

Gwurld4026

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