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Nigeria is ready to deepen trade, investment ties with U.S.– Envoy 

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The Consul-General of Nigeria in New York, Amb. Abubakar Jidda, has reiterated Nigeria’s commitment to deepening trade and investment relations with the U.S.

He stated this while speaking at the 14th Annual Trade and Investment Summit hosted by the Nigeria-USA Chamber of Commerce in Cleveland, Ohio.

“We are reforming, we are resilient, and we are ready,” Jidda declared, encouraging American investors and the Nigerian diaspora to tap into Nigeria’s evolving investment landscape shaped by far-reaching reforms under President Bola Tinubu’s Renewed Hope Agenda.

Jidda stressed the importance of moving from “diplomacy to concrete deliverables,” given the longstanding relationship between both nations.

According to him, key reforms such as fuel subsidy removal, foreign exchange unification, and sweeping tax and regulatory reforms are evidence of Nigeria’s determination to build a business-friendly environment anchored on private-sector growth.

“No serious investor looking for long-term growth and attractive returns can afford to ignore Nigeria,” Jidda said.

“With a population of over 220 million and access to the $3.4 trillion African Continental Free Trade Area, Nigeria offers a gateway to the continent,” he added.

He outlined 10 pillars driving Nigeria’s trade and investment policy, including ease of doing business reforms, export diversification, infrastructure upgrades, and public-private partnerships.

He assured potential investors of the support of Nigerian missions in the U.S., highlighting institutions such as the Nigeria Sovereign Investment Authority (NSIA), Infrastructure Corporation of Nigeria (InfraCorp), and the Development Bank of Nigeria (DBN) as ready partners for financing and development support.

“Nigeria is a promise to be fulfilled, and that promise can only be achieved together,” he said.

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