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.
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.
According to Ghorayeb, the credentials
of the former president prompted the
move to approach him for the support
Obasanjo still influential even after leaving
power almost a decade ago
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.”

Meanwhile, Obasanjo, has expressed the
determination in conjunction with other
farmers group to end hunger in the
country by 2025.
The former president made the
resolution on Thursday, April, 13 at his
residence in Abeokuta when members
of the Egba Cluster Farming Initiative
paid him a courtesy visit. members of the
Egba Cluster Farming Initiative paid him
a courtesy visit.
Obasanjo who is a renowned farmer,
asked the Ogun state and federal
governments to give farmers in the
country more support in order to
achieve this feat.