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‘U.S. committed to facilitating, increasing investments in Nigeria’

By Helen Oji
17 October 2022   |   4:16 am
The United States Consul General, Will Stevens, has assured that the U.S Government is committed to facilitating its strategic interests which increase US investments in Nigeria,...

The United States Consul General, Will Stevens.

The United States Consul General, Will Stevens, has assured that the U.S Government is committed to facilitating its strategic interests which increase US investments in Nigeria, Nigerian investments to the U.S; and trade between the US and Nigeria is paramount.

In his remarks at the Closing Gong Ceremony held to commemorate his courtesy visit to NGX at the weekend, Stevens said: “It is an honour and I am very excited to be here today. Our goal is to work with the exchange to create transparency and accessibility for Nigerian companies to international investors.

“I am looking forward to doing everything I can to increase trade between our nations, US investments in Nigeria, and Nigerian investments in the US.”

Chief Executive Officer, NGX, Temi Popoola, at the event, noted the longstanding relationship between the US Mission and the Exchange.

He underscored the critical role the consulate plays in driving the cooperation while assuring the Consul General of NGX’s commitment to its sustenance.

Popoola said: “The US Consulate plays a commendable role in driving sustainable investments in Nigeria’s technology, agriculture and energy sectors through strategic partnerships with American corporates and investors.

According to him, this has significantly aided Nigeria’s economic growth and further entrenches the importance of sustaining cooperation.

“NGX, through our role as a frontrunner for sustainable finance and business practices for the Nigerian capital market, will continue to champion initiatives that stir the ecosystem to achieve economic recovery and inclusive development.

Popoola stated that NGX is keen on exploring avenues through which it could be the point of contact between Nigerian investors looking to access the US market, as well as US institutional and retail investors approaching the domestic investment market.

“NGX is well positioned to leverage its partnerships for private sector advocacy, building capacity of market players, technological progress and digital transformation of markets.”

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