CPPE has warned that Trump’s military threat could damage investor confidence and weaken the Naira.
NewsOnline Nigeria reports that the Centre for the Promotion of Private Enterprise (CPPE) has cautioned that the recent military threat issued by U.S. President Donald Trump over alleged Christian killings in Nigeria could severely undermine investor confidence, trigger capital flight, and further weaken the naira against the dollar.
In a statement released on Monday, Dr. Muda Yusuf, Chief Executive Officer of the CPPE, said Trump’s remarks carry serious economic and reputational risks for Nigeria’s already fragile economy.
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Recall that President Trump recently warned of possible U.S. military intervention should the Nigerian government fail to stop the alleged killings of Christians — a statement that has drawn sharp reactions from citizens and the presidency alike.
According to Dr. Yusuf, Trump’s comments send a damaging signal to investors and could destabilize financial markets.
“The statement risks undermining Nigeria’s image as a stable investment destination, unsettling financial markets, and eroding confidence among both domestic and international investors,” he said.
He noted that even the mere threat of military action by a global superpower can inflict significant reputational harm and discourage foreign direct investment (FDI), venture capital, and portfolio inflows.
“Such rhetoric could lead to capital flight, declining startup funding, and increased market volatility as investors reassess Nigeria’s risk profile,” Yusuf warned.
He added that the consequences could include falling stock market valuations, a weaker naira, and declining investor appetite for Nigerian assets.
Describing Trump’s comments as “unwarranted, counterproductive, and economically destabilising,” the CPPE stressed that the U.S. should pursue cooperation, not coercion, in addressing Nigeria’s security challenges.
“Unilateral military action would destabilise Nigeria’s economy, threaten regional stability, and worsen humanitarian conditions,” Yusuf said.
“The constructive path forward lies in diplomacy, partnership, and a shared commitment to peace, development, and respect for sovereignty.”
