Former Vice President and Presidential candidate of the Peoples Democratic Party, PDP, on Saturday said it was very sad that two global banking giants were leaving Nigeria as a result of bad economy. The Central Bank of Nigeria (CBN) had announced on Friday that Global banking giant, HSBC and UBS, a Swiss private bank, had closed their representative offices in Nigeria. Reacting to the development on his twitter page, @atiku, the former vice president said it was always a sad day for the country when such entities packed up. He said Foreign Direct Investment, FDI was key component to economic growth, saying that his administration would attract more FDI if elected by making the CBN stronger and independent. Atiku stated that he would banish multiple exchange rates and promote market-led economy. In his words: “Always a sad day for our country when such entities pack up. FDI is a key component to economic growth. My administration will attract more FDI by making the CBN s...
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