Companies

DAS Basu: U.S. investors ready to invest in Nigeria

The Deputy Assistant Secretary of State (DAS), Joy Basu, says the United States Government is committed to deepening the U.S.-Nigeria two-way trade.

Basu said her visit to Abuja and Lagos to discuss specific improvements to the business enabling environment was to affirm the positive economic reforms made by President Bol Tinubu’s administration, saying U.S. investors are ready to invest in Nigeria.

Basu, in a meeting with the Minister of Health, Muhammad Ali Pate, stated that the U.S. government is keen to facilitate the country’s investment into Nigeria, adding that additional reforms are needed to continue to create a transparent, trustworthy, and conducive investment climate.

READ ALSO: Minister: N500m fines keep 4,000 Nigerians in prisons

In Lagos, she met with women from small and medium-sized enterprises, banks, and venture capital firms to accelerate efforts to bridge the financing gap for women-led SMEs.

Basu said: “We are building upon the rich connections that exist between our countries – our companies, our entrepreneurs, and our people – to co-create solutions to our common challenges.

“We look forward to working together to discover and deliver better ways forward, not only for the people of Nigeria and America, but also for communities around the world.”

The Star

Segun Ojo

Recent Posts

Man kills mother over Osun family farm dispute

The Osun State Police Command has arrested a man, Taye Kasali, over the alleged murder…

3 hours ago

NELFUND breaking poverty barrier in education — Shettima

Vice President Kashim Shettima has said the Nigerian Education Loan Fund, NELFUND, is helping to…

4 hours ago

NCC begins device registration to curb illegal telecom imports

The Nigerian Communications Commission, NCC, has launched a nationwide registration and authentication system for SIM-enabled…

4 hours ago

Gas truck crash forces emergency diversion on Ilorin road

Motorists in Ilorin, Kwara State, have been advised to avoid a section of Ibrahim Taiwo…

4 hours ago

Canada lets eligible work permit holders study without permit

Canada has introduced a temporary policy allowing certain foreign workers already in the country to…

5 hours ago

Four suits challenging Yayi’s 2027 Ogun governorship bid withdrawn

Four legal actions challenging the 2027 governorship ambition of the All Progressives Congress candidate in…

5 hours ago

This website uses cookies.