FG To Unlock $5bn Fresh Investments With US-Nigeria Business Summit

The Federal Government will be seeking to unlock fresh $5bn investments into the Nigerian economy through the United States-Nigeria Investment Summit.

The Summit which is expected to hold in the United States between September 17 and 18 this year is dedicated to funnel foreign direct investment into Nigeria and the U.S.

The Investment Summit, according to officials of the Ministry of Industry, Trade and Investment plays a vital role in attracting and facilitating business investment and job creation by raising awareness about the wide range of opportunities.

It would also enable vital direct connections between investors and the Nigeria economy.

Each Investment Summit, according to the Ministry of Industry, Trade and Investment focuses on Nigeria, the U.S, investment environment, industry trends, and new opportunities and will feature senior government officials, business executives, and other thought leaders.

The maiden edition which was held in 2018 with the theme: “Nigeria Is open for Business” was sponsored by the Nigeria Consulate, which drew over 700 attendees.

The 2021 Investment Summit Themed, “Nigeria: The future of Global Business” will build on the success of 2018.

With topics ranging from infrastructure to workforce development, the summit will once again feature prominent industry experts and government officials.

“Our Mission is to host the most advanced and influential annual summits, bringing together the direct connection of national, state and industry policy makers and regulators, finance directors, economists, investors, industry leaders, corporations big and small, startups, entrepreneurs and influencers that impact the economic mission of both nations.

“Our 2021 summit is expected to bring key representatives from the largest global sectors including healthcare, agriculture, ICT/Fintech, Education, Manufacturing, Infrastructure / Real Estate, media & entertainment, Transportation and Logistics etc,” the organizers said on its website.

The trade and investment value of opportunities is expected to exceed $5bn.

While primarily targeted at US-Nigeria engagement, participants from around the globe are expected to participate as in prior years.

Nigeria is a land of diverse opportunities as its consumer market, workers, technology and resources are vast and varied.

This diversity means there are opportunities for start-ups, medium-sized enterprises, and multinationals.