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First with the News

American Companies Willing To Invest In Nigeria, Blinken Tells Tinubu

January 23, 2024
in Top Stories, World
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By Lucy Adautin

US Secretary of State Anthony Blinken has assured that American companies are ready to partner with, and invest in the Nigerian economy.

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Heritage Times HT reports that Blinken gave the assurance in Abuja on Tuesday night while playing host to President Bola Tinubu at the Presidential Villa.

Speaking at a joint press briefing with Yusuf Tuggar, the Nigerian Minister of Foreign Affairs at the State House in Abuja today after meeting with Tinubu, Blinken said “American entrepreneurs and companies are ready to partner and invest in Nigeria, particularly in the tech sector”.

“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,”

He added that 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”.

READ ALSO: Nigeria: Despite Unstable Power Supply In 2023, Discos Raked In Over N1trn Profit

The visit is aimed at highlighting the progression of the United States’ relationship with the continent after the US–Africa leaders summit in 2022.

It will also highlight how the United States has accelerated the US-Africa partnership since the US-Africa Leaders Summit, in areas such as climate change, food, and health security.

Despite the promises investing in Nigeria holds, the US diplomat is aware of the challenging business environment in the country.

Among top government officials who received him were the Chief of Staff to the President, Femi Gbajabiamila; Minister of Foreign Affairs; Minister of Information and National Orientation, Mohammed Idris; and Minister of Solid Minerals Development, Dele Alake.

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