FG, US Strengthen Partnership to Boost Economy – Edun
The Federal Government has reiterated its dedication to enhancing trade and investment ties with the United States as part of its broader strategy to drive economic growth and development.
This commitment was made during a meeting between the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, and the United States Consul General to Nigeria, Mr Rick Swart, in Abuja.
According to a statement issued on Tuesday by the ministry’s Director of Information and Public Relations, Mohammed Manga, the meeting was also attended by the Ministry’s Permanent Secretary, Mrs Lydia Shehu Jafiya, who represented the minister. highlighted the long-standing and strategic bilateral relationship between Nigeria and the United States.
The statement read, “Represented by the Ministry’s Permanent Secretary, Mrs Lydia Shehu Jafiya, the meeting highlighted the historic and strategic bilateral relationship between Nigeria and the United States.
“The minister emphasised that Nigeria values its partnership with the United States and will explore new frontiers to enhance investment opportunities, promote innovation, and contribute to sustainable development in line with the Renewed Hope Agenda of the President Bola Ahmed Tinubu-led administration.”
The statement added that Edun reiterated that the Federal Government is fully dedicated to creating an enabling environment for Foreign Direct Investment to unlock greater investment opportunities in the country.
He added that improved cooperation between Nigeria and the United States aligns closely with Tinubu’s economic reform agenda, which prioritises private sector participation, fiscal sustainability, and inclusive growth, according to the statement.
Earlier, the United States Consul-General, Mr Rick Swart, commended the Federal Government for its ongoing reform initiatives and reiterated the United States’ commitment to supporting Nigeria’s economic development.
He noted that the two nations have built a resilient and enduring partnership, one that will continue to explore new opportunities for collaboration in trade, investment, and capacity building.
The statement read, “Speaking earlier, the US Consul-General, Mr. Rick Swart, commended the Federal Government for its ongoing reform initiatives and reaffirmed the United States’ commitment to supporting Nigeria’s economic development.
“He stated that the United States and Nigeria have built a resilient and enduring partnership. We will continue to explore new opportunities for collaboration in trade, investment, and capacity building. Our goal is to support Nigeria in achieving broad-based economic growth and improving the lives of its citizens.”
Swart also emphasised the need for transparent and business-friendly policies to guarantee the ongoing success of U.S. companies in Nigeria.
Both sides voiced confidence in the future of their partnership and committed to strengthening economic ties, increasing trade, and boosting foreign direct investment in Nigeria.