Economy
American to invest in Nigeria’s economy- UN Secretary of state
The US Secretary of State, Anthony Blinken has assured that
American companies will partner with Nigeria and invest its economy.
Blinken gave the assurance during his visit to President Bola Tinubu on Tuesday at the Presidential Villa, Abuja.
Briefing the journalists after meeting with President Tinubu, Blinken said American entrepreneurs and companies are ready to partner and invest in Nigeria especially in the tech sector.
He said, “We have tech giants that have teamed up with Nigerian partners to help meet President Bola Tinubu’s one million digital jobs initiative.
“Our tech entrepreneurs are fostering Nigeria’s next start-ups and our venture capital companies are working to finance them.
“American firms are also working to broaden internet access in the West African country. So we want to work in partnership to drive Nigeria’s tech revolution.
“Despite the promises investing in Nigeria holds, the US top diplomat is aware of the challenging business environment in the country.
“Nigeria remains one of the lowest ranked on Transparency International’s widely watched corruption perceptions index”.
Blinkin stated that tackling corruption perceptions index and creating a better business environment are key to unlocking the Nigerian economy.