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US Companies are ready to invest in Nigeria – Anthony Blinken

The US Secretary of State Anthony Blinken has reiterated America’s commitment to investing in Nigeria’s economy.

Anthony Blinken disclosed this after the meeting at the presidential Villa on Tuesday in Abuja with President Bola Tinubu.

Bliken, on an African nations tour, said that American entrepreneurs and companies are eager to partner with and invest in Nigeria, especially in the tech sector.

He said that despite the identified challenges in Nigeria, the government and American entrepreneurs still continue to explore the great potential of the country in reaching Africa.

He said that large investments are being made by private sector companies in collaboration with local entities to ensure that development was effected for the people, especially in the health sector.

It was also stated that U.S. are working to ensure that Africa gets more voice in the United Nations decision-making as a way of incorporating the new realities and dynamics of the world.

“Today, we spoke about a range of common priorities, including our focus on accelerating economic growth and opportunity here. This is a place of extraordinary innovation, extraordinary dynamism.

“The United States is committed to strengthening genuine partnerships on the continent, to solve shared challenges, and also to deliver on the promise and the fundamental aspirations of our peoples.

“Nigeria, as Africa’s largest country, largest economy, largest democracy is essential to that effort.

“We’re driving blue economic development, environmental protection, science and technology exchange, through a new partnership for learning cooperation.

“At the UN General Assembly, just this past September, the president said, and I quote, ‘Africa is nothing less than the key to the world’s future.”

He also said that the U.S. recognised Tinubu’s strategic measures aimed at reviving the lost confidence of genuine investors in the nation’s economy.

“I know that President Tinubu is focused on these challenges, and we also welcome his very bold economic reforms to unify the currency and end fuel subsidy.

“We also recognise that in the short term, these reforms created pain for vulnerable communities.

“I spoke about some ways that the United States can support Nigerians while the government carries out these essential reforms, and work to protect those who may again in the short term, be negatively affected.”

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