Nigeria Urged to Defend Economic Sovereignty Against Foreign Pressure

The Coalition, represented by Kazeem Akinlolu, has issued a statement asserting that Nigeria must defend its economic sovereignty and reject foreign pressures that attempt to influence domestic regulatory decisions. The Coalition emphasizes that the responsibility for regulatory decisions lies exclusively with Nigerian institutions, reinforcing Nigeria's status as a sovereign nation.

They argue that allowing external pressures to dictate outcomes in commercial disputes poses a risk to investor confidence in Nigeria's institutions. The Coalition welcomes foreign investment but insists that investors must adhere to Nigerian laws and regulations without expecting special treatment or attempts to override these regulations.

They urge the federal government to maintain firm regulatory practices, asserting that Nigeria's economic future should be determined by its own laws and national interests, which should not be negotiable in the face of foreign investment.