The Centre for the Promotion of Private Enterprise (CPPE) has warned that the recent military threat by U.S. President Donald Trump over alleged Christian genocide in Nigeria could erode investor confidence, trigger capital flight, and further weaken the naira against the dollar.

In a statement issued on Monday, CPPE’s Chief Executive Officer, Dr. Muda Yusuf, said Trump’s comments pose serious economic and reputational risks for Nigeria.

“The statement risks undermining the country’s image as a stable investment destination, unsettling financial markets, and eroding confidence among both domestic and international investors,” Yusuf stated.

The CPPE boss explained that even the mere threat of military intervention by a global superpower could cause foreign investors to withdraw funds, resulting in falling stock valuations, reduced foreign direct investment (FDI), and a decline in startup and venture capital funding.

“Such rhetoric can trigger capital flight and market volatility as investors reassess Nigeria’s risk profile,” Yusuf added.

He described Trump’s remarks as “unwarranted, counterproductive, and economically destabilising,” insisting that they do not reflect the complexity of Nigeria’s internal security challenges.

Yusuf urged the U.S. and other global partners to pursue diplomatic and cooperative engagement rather than coercive threats that could destabilise the region.

“Unilateral military action would threaten Nigeria’s economy, regional stability, and worsen humanitarian conditions,” he warned.
“The constructive path forward lies in diplomacy, partnership, and a shared commitment to peace and mutual respect for sovereignty.”

The presidency has yet to issue a detailed response, though Trump’s comments have sparked mixed reactions among Nigerians and international observers.