Connect with us


US Government to invest in Nigerian companies to kick start economy – Wally Adeyemo 



Wally Adeyemo, the U.S. Deputy Treasury Secretary, revealed that the U.S. government plans to invest in small, medium, and large enterprises to boost Nigeria’s economy. 

Adeyemo disclosed this on Tuesday during his visit to some tech founders at the Vibranium Tech City, Ikeja. 

Aseyemo noted that three out of five Nigerians are under the age of 25 and by 2050, citing that Nigeria’s population could be larger than America’s by 2050, he said: 

He added that one of the reasons for coming to Nigeria was for partnership, noting that there were lots of talents in the country and the U.S. government would be happy to invest in them to help the economy grow. 

He also noted that U.S. government would work with the Nigerian government to ensure that barriers to investments between the two countries were removed, adding that investors in both countries had easy access to the markets. 

ThePressNG reported earlier that Mr. Wally Adeyemo said Nigeria needs a stable naira and implement a credible fiscal strategy to creature opportunities for millions of its people. 

Mr Adeyemo stated this during his address at the Lagos Business School as part of his visit to Nigeria to strengthen diplomatic relations between the two countries.