Nigeria: Obama Declares Nigeria World's Next Economic Giant
[Leadership.ng] United States President Barack Obama
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has declared Nigeria as the world's next economic success story, stressing that this was one of the major reasons why his government was committed to helping the country build strong democratic institutions and remove constraints to trade and investment through the African Growth and Opportunity Act.
Making this declaration at the ongoing US-Nigeria Trade and Investment Forum, an event organised by the Nigerians in Diaspora Organisation (NIDOA) in Washington DC, yesterday, Obama who was represented by Ambassador Eunice Reddick, said that his country expanded opportunities for Nigeria to effectively access markets and diversify its economy beyond a narrow reliance on natural resources.
"As we support these efforts, the Diaspora can play an important role in contributing to a strong, vibrant and economically prosperous Nigeria" he noted.
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Obama said his country was investing in Nigeria's success because it recognises her as a strategic center of gravity, whose success would as well be Africa's success.
Posted by: Fred