Nigeria vs. Ghana: Where do we invest?

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By Val Obienyem

Prof. Ellis Idemobi recently guided a group of us — driven professionals, including captains of industry and successful business leaders — in a session on “Strategies for New Venture Development and Financial Management.” 

The professor believes that, at our level, learning should take place in a highly interactive environment.

He consistently emphasises that the classroom should serve as a platform for exchanging ideas, not just a place for lectures.

In one session, he posed a thought-provoking question: “As an international business consultant, you’ve been approached by a foreign investor looking to invest $100 million in West Africa. The options are Nigeria or Ghana. What would be your advice?”

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While I won’t reveal the erudite professor’s final take, it was telling that, despite our patriotic sentiments, every participant ended up painfully  recommending Ghana.

This shared perspective sparked a thoughtful discussion on the real-world challenges and opportunities of investing in both countries.

.Obienyem, a lawyer and public affars analyst, writes from Awka, Anambra State

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valoa2000@yahoo.com

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