Obasanjo gets invitation to serve as guarantor for $50billion investment - WildGist - The Entertainment and News Blog

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Friday, 14 April 2017

Obasanjo gets invitation to serve as guarantor for $50billion investment

An international financial group, Money Maker Management, has approached former Nigerian president, Chief Olusegun Obasanjo to serve as collateral to invest about $50 billion into the Nigeria's financial, tourism and real sectors.

Obasanjo gets invitation to serve as guarantor for $50billion investment

The team led by its Chief Executive Officer (CEO), George Ghorayeb met with Obasanjo at his Hilltop Presidential Villa in Abeokuta on Thursday, March 13 to offer him their proposal, Daily Trust reports.

He further said the group was targeting both private corporations and governments at all the tiers to come up with projects as low as $5million and as high as $50billion in the country. “We need somebody in the calibre of the former president as collateral to bring in such financial assistance.


“Former president, Chief Obasanjo has fantastic credentials that we can rely upon as collateral. That is why we have come to him to see if we can get both private and government projects in real, financial and tourism sectors of the Nigerian economy, which is giving positive prospects by the day.”

Obasanjo gets invitation to serve as guarantor for $50billion investment

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