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American Companies Is Ready To Invest In Nigeria – Blinken

The US Secretary of State, Anthony Blinken, has assured of the country’s companies’ readiness to partner with and invest in the Nigerian economy.

Blinken, who is on an African tour, made the remark in Abuja during his visit to President Bola Tinubu at the Presidential Villa.

“American entrepreneurs and companies are ready to partner and invest in Nigeria, particularly in the tech sector,” he said while briefing the press after he met with Tinubu at the State House in Abuja

“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,” Blinken added, saying American firms are also working to broaden internet access in the West African country.

Nigeria remains one of the lowest-ranked countries on Transparency International’s widely watched corruption perceptions index. Tackling this and also creating a better business environment, Blinken believes, 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,” he said.

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