Abuja, Jan. 24, 20204 – Anthony Blinken, the U.S. Secretary of State, says U.S companies are ready to invest in Nigeria.
Blinken said this at a press briefing after a bilateral meeting with President Bola Tinubu in Abuja on Tuesday.
“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 them.
“So, we want to work in partnership to drive Nigeria’s tech revolution.
‘Opportunities for Real Investors’ Sponsored Despite the promises investing in Nigeria holds, the US 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.
“Tackling this and also creating a better business environment are key to unlocking the Nigerian economy.
“Nigeria offers real clear competitive opportunities for real investors. But at the same time, I think it is no secret that there remain long-term challenges to unlock its full potential.
“Tackling corruption and making it easier for companies to repatriate capital is essential for Nigeria to attract foreign investments,” he said. (GBN)
