Thursday, 25 June 2015

Nigeria One Of The Fastest Growing Economy Globally – US


The United State (US) assistant secretary of commerce for global markets, Mr. Arun Kumar, has disclosed that Nigeria’s growth rate averaged about seven per cent over the last decade, making it one of the fastest growing country in the world.
Speaking during a telephonic media briefing, yesterday, he said that the US commercial service in Nigeria is proactively supporting the presidential initiative under the Doing Business in Africa Campaign and that in 2013, US goods exports were about $6.5 billion to Nigeria.” We imported about $11.7 billion making for about a total trade of $18 billion between the US and Nigeria.”
He identified hard infrastructure such as, ‘’transportation, roads, rail and airports as areas that requires more integration and urged the government to enact policies that would reduce barriers to foster the trade and investment relationship between US and Nigeria.’’

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