Who do we believe? Nigerian economists or US government.

ABUJA — 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.

She also disclosed that the visit to Nigeria provided an opportunity for the PAC-DBIA members to gather facts about the commercial opportunities and challenges in both Nigeria and Rwanda, and then report back to the President with strong and actionable recommendations that would take the relationship to the next level.

Pritzker said: “President Obama and I are convinced that the American private sector, working in partnership with the African business community, can help address some of the continent’s most pressing challenges, including building modern infrastructure, creating jobs and opportunity for young people, and expanding access to education and the Internet.

“When we think about the economic potential of countries across Africa, Nigeria is absolutely at the top of that list.

“The imperative that we all face is to promote economic growth and opportunity at home, and deepening our mutually beneficial ties of trade and commerce is not just a nice to have, it is a must-have for all of us.”

Pritzker told President Buhari that she was in Nigeria with 10 leading American business men and women at the prompting of President Obama.
She said: “The purpose is to better understand the opportunities and challenges of doing business in Nigeria. Our team is very optimistic about your government’s commitment to security, good governance, fighting corruption, having reliable and regular regulatory policies.

“All these make us optimistic about working together. We are not here to sell policies, but to partner with you.”

The secretary’s trip to Nigeria and Rwanda underscores Obama administration’s commitment to shifting the US economic relationship with Africa from one based on aid to trade and investment.

Buhari lauds US for support on insecurity

Meanwhile, President Muhammadu Buhari yesterday expressed gratitude to President Obama and his government for assisting Nigeria in its ant-terrorism war.

Speaking on the visit by the delegation led by the United States Secretary of Commerce, Ms Penny Pritzker, at the Presidential Villa, Buhari applauded ongoing American collaboration with his administration on security and developmental issues.

He also stated that his administration would continue to welcome the support and understanding of the United States as it strove to achieve greater internal security and socio-economic progress in Nigeria.

Story from http://www.vanguardngr.com/2016/01/nigeria-one-of-top-10-global-economies-us-govt/

Leeches are here. They are well aware of the enormous potential in Nigeria and the strong stance the current administration is taking to ensure that these potentials are realised and they have decided to take advantage now. Lalasticlala FP

potentially yes we are ! kinetically we are not .no mind me na too much engineering books dey worry me.

Amazing, potentially, its on the path of recovery after touching below the zero mark under PDP.

Great projection

nice one... i foresee My country Nigeria been among the world power Nation in the nearest future...Click Amen if you believe President Buhari and is Predecessor will take us there!!!

Good

Yes! We gonna be! Yes, we're there already!

US come and save our economy ooo. Some people wey dey at the top wey no get certificate dey foncuse. The ones wey no dey at the top now wey even get PhD carry our yam comot. Please abeg US come oo!

nice joke

[size=15pt]"TOP 10 ECONOMIES IN THE WORLD UPSIDE DOWN",U.S should'nt b MISTAKEN[/size]

Na so dem go dey deceive Us...

This US government and their allies sabi give false hope...

Later by Mid 2016, you will see another headline that goes like this " NIGERIA ONE OF THE WORST 20 GLOBAL ECONOMIES BY 2079- IMF"

No be today fowl yansh don dey open jor...

Ooooooh

That will be by 2050 and not for now that a President Buhari is our playmaker.

Now that is the definition of madness av been looking for.

Na who dey talk this kin lie

We are getting there one day

I

I hope so o!
check my signature--->

that's not new US has always being a strong believer in Nigeria's economy, hence thier consistent investment. it's nothing new. it happened in previous administrations b4 Buhari and it will continue to be favorable after him

Suicidal News

Wailers be like .....

Lol.... Two mouths

Lol.... By 2050.... Na dream sef

Pure stunts and publicity...

US na prophet now?

Matttthew:
Pure stunts and publicity...

Yes, that was when GEJ was in power and NOI was running the show.

At the moment we have a directionless govt.

THIS'S A CAPITAL LIE!!!!!!!!!!!!!!! I Mean A Last Season LieS Of The Century.............. The Both Are They Not Thiefs Liars

It's obvious the US officials know that the agenda of the present administration of PMB is likely to lead Nigeria to her promised land.

Good one for Nigeria.

Nigeria is a land flowing with Milk and Honey. Investors are welcome!