DAS Basu: U.S. investors ready to invest in Nigeria

The Deputy Assistant Secretary of State (DAS), Joy Basu, says the United States Government is committed to deepening the U.S.-Nigeria two-way trade.

Basu said her visit to Abuja and Lagos to discuss specific improvements to the business enabling environment was to affirm the positive economic reforms made by President Bol Tinubu’s administration, saying U.S. investors are ready to invest in Nigeria.

Basu, in a meeting with the Minister of Health, Muhammad Ali Pate, stated that the U.S. government is keen to facilitate the country’s investment into Nigeria, adding that additional reforms are needed to continue to create a transparent, trustworthy, and conducive investment climate.

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In Lagos, she met with women from small and medium-sized enterprises, banks, and venture capital firms to accelerate efforts to bridge the financing gap for women-led SMEs.

Basu said: “We are building upon the rich connections that exist between our countries – our companies, our entrepreneurs, and our people – to co-create solutions to our common challenges.

“We look forward to working together to discover and deliver better ways forward, not only for the people of Nigeria and America, but also for communities around the world.”

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Segun Ojo

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