latest
U.S Deputy Secretary Adeyemo Offers Insights On Nigeria’s Economic Prosperity
U.S Deputy Secretary Adeyemo Offers Insights On Nigeria’s Economic Prosperity....KINDLY READ THE FULL STORY HERE▶

Mr. Wally Adeyemo, Deputy Secretary of the United States Department of the Treasury, has called upon the Federal Government to ensure the stability of the naira, emphasizing its pivotal role in reviving the nation’s economy.
Read Also Catholic Bishop Matthew Kukah Receives 2023 Mundo Negro Fraternity Award And €10,000 Cash Prize
Adeyemo, accompanied by a U.S. envoy delegation, made these remarks in Lagos during a Fireside discussion titled “U.S.-Nigeria Economic Relations: People, Entrepreneurship, and Investment,” hosted by the Lagos Business School (LBS).
As the first black U.S. Deputy Secretary of the Treasury, Adeyemo assured of President Joe Biden’s commitment to bolster the socioeconomic relationship between the two nations.
He emphasized that for Nigeria’s economy to prosper, the Federal Government must address four key critical areas that hold the potential to elevate the country’s status.
Adeyemo stressed the necessity of a stable naira and the unification of Nigeria’s exchange rates to ensure macroeconomic stability, thereby attracting investment and sparking transformative opportunities.
Furthermore, he called for the government to articulate a clear fiscal strategy that fosters credible investment, both for local and foreign investors, while asserting that, with the right macroeconomic framework, Nigeria can become the preferred destination for foreign capital, including from the United States.
Adeyemo urged the government to demonstrate greater commitment to combating corruption, holding public officials accountable, which, in turn, could stimulate investments into the country.
He expressed his presence at the event as an opportunity to discuss how the U.S. can collaborate in Nigeria’s economic reform programs, emphasizing that a prosperous Nigeria is mutually beneficial for both nations and the entire continent.
Acknowledging Nigeria’s vast economic potential, Adeyemo highlighted its significance to the country’s citizens, the continent, and the United States as a whole. He affirmed President Biden’s dedication to strengthening the U.S.-Nigerian relationship due to shared values.
Adeyemo noted the significant contributions of Nigerians globally, including the success of companies like the Dangote Group and Globalcom, as well as their contributions to culture, arts, entertainment, fintech, healthcare, and more.
With over 40 million MSMEs in Nigeria, predominantly operated by the youth, he emphasized the importance of implementing policies that would drive the growth of these businesses and further stimulate the nation’s economy.
The Vice Chancellor of the Pan Atlantic University, Prof. Enase Okonedo, expressed Nigerians’ eagerness to strengthen socioeconomic ties with the USA, particularly in vital sectors such as healthcare, security, infrastructure, and support for wealth creation.
latest
Tension In UK As Nigerians Push For INEC Chairman’s Removal Ahead Of 2027.
A group of Nigerians has staged a protest at the United Kingdom Parliament, calling for the removal of the Chairman of the Independent National Electoral Commission (INEC) ahead of the 2027 general elections.....KINDLY READ THE FULL STORY HERE▶
latest
“My Nightclubs Are The Least Of What I Do” — Sir Uyi Fires Back At Critics.
Sir Uyi has responded strongly to critics of his involvement in nightclub businesses, insisting that such ventures represent only a small part of his wider activities.....KINDLY READ THE FULL STORY HERE▶
latest
Shock In Benue As Police Nab Seven Over Abduction Of JAMB Candidates.
The Benue State Police Command has confirmed the arrest of seven suspected militia herdsmen in connection with the abduction of passengers travelling in an 18-seater Benue Links bus along the Makurdi–Otukpo road last Wednesday.....KINDLY READ THE FULL STORY HERE▶
-
latest8 months ago“Social Media Erupts As Jim Iyke Declares Rita Dominic Nollywood’s Most Beautiful”
-
latest2 years agoEdo Political Showdown: Oshiomhole Appears At Presidential Villa As Tinubu Hands APC Gubernatorial Flag To Okpebholo (Photos & Video)
-
entertainment2 years agoLove Knows No Age American Woman Defends Marriage To Young Nigerian Man “I’m Not 70”
-
latest2 years agoOlumide Akpata Strikes Again: Drops Killer Track, Sends Edo State Into Frenzy!(Video)
-
Politics2 years agoNigerians React As Pastor Adeboye Foresees Passing Away On A Sunday After Enjoying A Satisfying Meal Of Pounded Yam
-
latest2 years agoFG Identifies 31 States At Risk Of Heavy Flooding In 2024: See Full List
-
Politics2 years agoBREAKING: Inspector-General Of Police Summons Top Police Commanders For Crucial-Security Challenges
-
latest2 years ago5 NYSC Corpers Perish In Fatal Road Accident Returning From Camp
