The Federal Government has been going cap-in-hand begging for loans around the world, without making much success because of the global financial crunch. Besides, Nigeria’s economic recession make such venture even less viable, even as the country needs to spend its way out of this doldrums. To crown it all, latest attempt by President Muhammadu Buhari to borrow about $30million for infrastructure development to jump start the economy was vehemently opposed by the legislators on account of lack of details. While the President struggles to provide for details on the proposed loan, perhaps there is the need to look inwards and the possibility of raising the required fund through creating an environment suitable for sustainable investments both local and foreign. On October 27, the Nigerian unit of world’s largest publicly owned oil and gas company, ExxonMobil, announced a significant discovery with a potential recoverable resource of between 500 million […]