Wednesday 27 January 2016

Nigeria, one of top 10 global economies – US govt

The United States, US, government, yesterday, listed Nigeria as one of the top 10 global economies by 2050, citing the economic potentialities of countries across Africa.

This came as President Barak Obama dispatched a team of US officials to study Nigeria’s business climate, with the aim of investing in the country, even as President Muhammadu Buhari expressed gratitude to the US President and his government for assisting Nigeria in its anti-terrorism war.
US Secretary of Commerce, Penny Pritzker, who disclosed this at a meeting with President Muhammadu Buhari, in Abuja, said this explained why her government was deepening economic and commercial engagement with African countries.
According to her, Nigeria is at the top of the list, considering the fact that Nigeria’s middle class of roughly 50 million people is expected to help grow the country into one of the top 10 global economies by the year 2050.
Pritzker, who is currently in Nigeria on a fact-finding mission with senior US business executives, including the President’s Advisory Council on Doing Business in Africa, (PAC-DBIA), is optimistic that relationship between the US and African countries would lead to a prosperous partnership.


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