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Investor Roadshow to Hold in Nigeria to Attract US Investment to Nigeria
Investor Roadshow to Hold in Nigeria to Attract US Investment to Nigeria
By: Michael Mike
The United States government, through the U.S. Agency for International Development (USAID) Mission in Nigeria and U.S. government Prosper Africa and Power Africa initiatives, are hosting an investor roadshow from October 9-13 to expose U.S. investors to investment opportunities and the investment ecosystem in Nigeria.
A statement on Friday by the United States Diplomatic Mission to Nigeria, Public Affairs Section said twelve executives from leading U.S. pension funds and financial service providers, managing over $1 trillion in assets, are meeting with Nigerian companies and fund managers during the investor trip.
The roadshow is expected to raise awareness around investment opportunities in the country, particularly in infrastructure, and to build relationships among U.S. and African investors and fund managers.
The statement read that: “With a strategic geographic location, a diverse population, and a commitment to economic transformation, Nigeria presents a compelling investment destination. Nigeria has the largest economy in Africa, with a gross domestic product (GDP) of USD $477 billion as of 2022, and a diverse range of industries, including oil and gas, agriculture, and telecommunications. A research report published by Goldman Sachs highlighted that Nigeria has the potential to be one of the top five global economies by 2075.
“The roadshow comes at an opportune time, given the significant reforms instituted by the Nigerian government under a new Administration. A key objective of the trip is to break down information gaps on the country’s business environment and real and perceived risks, so that investors can accurately assess business and project opportunities.”
The U.S. Consul General to Lagos, Will Stevens noted that: “Beyond advancing specific investment opportunities, this trip is about building enduring trade and investment relationships between America and our Nigerian partners. I would like to thank the U.S. Agency for International Development for supporting this inaugural delegation of U.S. investors, in partnership with Chapel Hill Denham and International Investor Network.”
According to the statement, throughout the week, the investors are scheduled to participate in site visits, events, and investor pitch sessions in Abuja and Lagos, Africa’s commercial capital and the sub-Saharan Africa region’s fourth largest economy. They will also engage with U.S. Government representatives to understand U.S. trade and investment priorities in the region and learn more about U.S. Government resources available to support investors.
This roadshow advances USAID’s efforts to mobilize greater private sector investment into infrastructure projects in priority sectors including agriculture; water, sanitation, and hygiene; and renewable energy. In addition, it advances Prosper Africa’s mandate as a presidential initiative to transform the economic relationship between Africa and the United States and drive large scale investment to the continent.
The visit follows the “Investing in Development” conference, held earlier this year in Nigeria, which highlighted that greater private sector investment in infrastructure is a key pathway to achieving Nigeria’s development objectives. The trip is part of a series of U.S. institutional investor trips to Africa in 2023, organized under the Prosper Africa initiative, to South Africa, Morocco, Egypt, and Botswana.
Investor Roadshow to Hold in Nigeria to Attract US Investment to Nigeria
News
Christmas: VP Shettima Assures Citizens Of FG’s Commitment To Their Welfare
STATE HOUSE PRESS RELEASE
Christmas: VP Shettima Assures Citizens Of FG’s Commitment To Their Welfare
*** Says national security, economic transformation remain President Tinubu’s priorities
By: Our Reporter
Vice President Kashim Shettima has assured Nigerians of the federal government’s dedication to national security, economic transformation, and welfare of the citizens.
In a Christmas message on Wednesday, the Vice President said the administration of President Bola Ahmed Tinubu remains unwavering in its focus on these critical areas, as the country looks forward to the dawn of a new year.
He said, “In these times of economic transformation, I want to assure you that the President Bola Ahmed Tinubu administration remains steadfast in its commitment to improving the lives of all Nigerians.”
Vice President Shettima particularly urged the citizens to imbibe the virtues of national unity during the yuletide season.
“Nigeria’s diversity remains our greatest strength. Let us avail ourselves of the time provided by the holiday season to strengthen the bonds of brotherhood that unite us across all faiths and regions,” he said.
Senator Shettima assured Nigerians of the continued vigilance of the nation’s security forces, noting that “our brave security personnel will continue to work round the clock during this festive period to keep us safe.”
He said enhanced security measures have been put in place to protect the citizens during the holiday period.
“The relevant agencies have been mobilized to ensure your safety and comfort on all major routes,” he stated, urging travelers to remain vigilant.
VP Shettima expressed optimism about the nation’s trajectory in the coming year, saying, “I am filled with hope and optimism about Nigeria’s future. Together, we will build a more prosperous and united nation.
“To our young people, you are the backbone of our nation. The Renewed Hope administration is implementing various initiatives to create opportunities for you to thrive and contribute to Nigeria’s development,” he added.
News
Concerned Citizens of Northeast Felicitates with Christians on Christmas Celebration
Concerned Citizens of Northeast Felicitates with Christians on Christmas Celebration
…Urges Sustained Prayers for Peace, Prosperity, Well-being of Region and Nigeria
By: Our Reporter
The Concerned Citizens of Northeast has felicitated with Christians in the State and across the world as they celebrate this year’s Christmas.
CCNE called on the Christian faithful and all citizens of Northeast States to embrace the core values of Christmas which connote love, peace, reconciliation, and selflessness, while reflecting on its deeper spiritual significance.
“As we mark this joyous occasion, we urge everyone to emulate the virtues of love, sacrifice, and compassion demonstrated by Jesus Christ. Let us use this period to promote unity, understanding, and cooperation among ourselves, which are essential for building a harmonious and progressive society.
They encouraged the people of the region to sustain the bonds of brotherhood and communal support, emphasizing the need for continued peace and stability in the state.
The Concerned Citizens of Northeast further called for prayers for the prosperity and well-being of the nation, especially during these challenging economic times.
“While these times are undeniably tough, we encourage everyone not to lose hope but to stay optimistic and committed to the vision of a better Nigeria. Together, we can overcome our challenges and pave the way for a brighter future.
Concerned Citizens of Northeast Felicitates with Christians on Christmas Celebration
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Tsafe community breathing sigh of relief following Killing of Notorious Bandit “Al’jan” by Nigerian troops
Tsafe community breathing sigh of relief following Killing of Notorious Bandit “Al’jan” by Nigerian troops
By Zagazola Makama
Residents of Tsafe Local Government Area in Zamfara State are breathing a sigh of relief following the neutralization of a notorious bandit known as “Al’jan,” who had long terrorized the community.
Originally from Niger Republic, “Al’jan,” whose real name remains undisclosed, settled in Tsafe LGA after working as a motorcycle taxi operator. This job connected him with Fulani herders, leading him down a path of criminality.
Over time, he forged alliances with a bandit group led by Hassan Bamamu, becoming deeply entrenched in acts of banditry and terror throughout the region.
Utilizing his extensive knowledge of Tsafe and its surroundings, “Al’jan” acted as a guide for criminal gangs, orchestrating numerous raids and kidnappings.
He was implicated in several high profile killings, including those of Anas Umar Dan Kanti, Alhaji Musa Ille, and an unnamed Navy officer.
The reign of terror that “Al’jan” inflicted on the community came to an end three weeks ago when security forces successfully neutralized him and several of his associates during a joint operation between Mada and Yandoton Daji in Tsafe LGA.
This operation involved a coordinated effort by soldiers and local vigilantes, who ambushed the gang as they traversed the area.
The elimination of “Al’jan” has brought newfound hope to the people of Tsafe, particularly those residing along the Tsafe-Gusau road, which had suffered from frequent attacks. Residents of Bamamu village, his last known hideout, confirmed his death after viewing his remains.
Tsafe community breathing sigh of relief following Killing of Notorious Bandit “Al’jan” by Nigerian troops
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