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U.S. Investors Excited About Tinubu’s Economic Agenda, Says Envoy - Politics - Nairaland

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U.S. Investors Excited About Tinubu’s Economic Agenda, Says Envoy by ManirBK: 8:45am On Dec 04, 2023
The United States (U.S.A) has applauded President Bola
Tinubu’s administration for taking bold steps at bolstering the
economy and ensure sustainable growth and development.
U.S. investors excited about Tinubu’s economic agenda, says
envoy Our Reporter December 4, 2023
The Chargé d’Affaires at the U.S. Embassy in Abuja, Mr. David
Greene, acknowledged the Federal Government’s efforts in an
interview with the News Agency of Nigeria (NAN).
He said U.S investors were delighted by the economic agenda of the
current administration, recalling President Tinubu’s visit to New York
during the last United Nations General Assembly (UNGA) which
attracted officials of the Commerce of Cooperation of the U.S. Trade
and Investment.
The envoy said although the Federal Government was putting
measures in place to stabilise the economy, more should be done to
create an environment that would attract investors to the country.
He said there had been great enthusiasm from American investors
towards Nigeria, stressing that such interest was a testimony to the
commitment that the President Bola Tinubu administration had made towards strengthening the economy.
“We support the fact that the Tinubu administration is trying to create the fundamentals that will allow foreign direct investment, attract
investors, and drive economic growth.
“We are also doing our part as the U.S. government to observe and
understand the challenges, see how we could help, and presumably,
talk up Nigeria a little bit in the global market and international
markets.
“When Tinubu was in New York at the United Nations General
Assembly (UNGA), where he rang the closing bell at the world’s
second largest stock exchange, the National Association of
Securities Dealers Automatic Quotation System (NASDAQ), his visit
attracted officials of the Commerce of Cooperation of the U.S. Trade
and Investment.
“They demonstrated a high level of interest in Nigeria. Sponsored by
Prosper Africa Programme, a major institution of investors in the U.S. set to manage billions of dollars of Pension Funds, they were there because everybody knows Nigeria is a place of great potential.
“So, I think that potential is visible; I think people are excited. There is a high level of interest.
Greene assured Nigeria of the U.S. government’s commitment to
doing all it could to draw investors to the West African country to see the opportunities available and, possibly, rely on partner businesses.
The envoy emphasised the need for the Federal Government to
create an environment conducive for businesses to thrive, noting that as the largest economy in Africa with 60 per cent of its population
under the age of 25, such an environment could contribute
dramatically to transforming its economy.
The envoy also gave an assurance of United States’ commitment to
deepening ties with Nigeria to help the country realise its economic
diversification goals.
“One of the things to note is that the President Bola Tinubu
administration must create an enabling environment to address the
challenges that are facing Nigeria.
“This is crucial so that business operators and investors will feel
more able to take advantage of the opportunities that Nigeria
presents.
“When you are talking about creating opportunities and helping in
supporting Nigeria, last fiscal year the U.S. provided $1.2 billion to
assist Nigeria across all areas.
“This includes humanitarian assistance, an enormous health
programme, work to strengthen the availability of power and
electricity to Nigerian citizens, transition to green energy, and up to
climate issues, and improving the education system.
“The U.S. government is investing a lot in Nigeria because of the
importance of these issues and to help Nigeria over the challenges,”
he added.

https://thenationonlineng.net/u-s-investors-excited-about-tinubus-economic-agenda-says-envoy/

mynd44 oam4j lalasticlala seun nlfpmod
Re: U.S. Investors Excited About Tinubu’s Economic Agenda, Says Envoy by ManirBK: 8:45am On Dec 04, 2023
With Tinubu all positive developments are possible
over to you enemies of the nation!!!
Re: U.S. Investors Excited About Tinubu’s Economic Agenda, Says Envoy by bigiyaro(m): 9:28am On Dec 04, 2023
Na only hear we dey hear o, mean while prices are still going up, and the naira is still falling.

(1) (Reply)

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