By Daniel Idonor
THE Honorary International Investors Council, HIIC, at its 9th Session, yesterday, warned the Federal Government to judiciouslyÂ utilise the over N200Â billion allocatedÂ to the implementation of the amnesty programme.
HIIC also advised the government not to allow the programme produce few millionaires at the expense of development.
The council said Nigeriaâ€™s efforts at curbing corruption will be meaningless unless the country addresses issues of Multiple Regulatory Agencies, insinuated that corruption was still high in the country.
The Coordinator of the Council and former Under-Secretary of Overseas Development in Britain, Baroness Lynda Chalker, stated this at a briefing at the end of the two days Business Session at the State House, Abuja.
HIIC, which was set up in 2004, also reminded the Niger Delta community that only a total cessation of hostilities can attract direct foreign investment into the area and the country.
It also urged the government to ensure that the funds provided for the region were directed at sustainable development projects.