USA President Barack Obama declares Nigeria as the World’s Next Economic Giant

By Adeola Adeyemo

Barack Obama, the President of the United States of America, has declared Nigeria as the world’s next economic success story.

He made this declaration at the ongoing US-Nigeria Trade and Investment Forum, an event organised by the Nigerians in Diaspora Organisation (NIDOA) in Washington DC, yesterday. Obama who was represented by Ambassador Eunice Reddick, a top official of the US Department said that his country invests in Nigeria’s success because it recognizes Nigeria as a strategic center of gravity.

The U.S President also promised that his government would assist Nigeria in the areas of private investment in the power sector as well as the agricultural sector.

As reported by Leadership, President Obama added that America’s discovery of Nigeria as the world’s next economic giant was one of the major reasons why his government is committed to helping the country build strong democratic institutions and as well remove constraints to trade and investment through the African Growth and Opportunity.