Wally Adeyemo, the Deputy Secretary of the United States Treasury, has commended the ongoing reforms under the Bola Tinubu-led administration in Nigeria.
Adeyemo made the commendation after his recent visit to Nigeria, which evolved into a fact-finding mission.
He applauded the transformative reforms initiated by President Tinubu, both during his tenure as governor of Lagos and his current role as the country’s president.
Speaking at the Nigeria-US Executive Business Roundtable in NewYork, Mr. Adeyemo acknowledged that his visit to Lagos provided him with a first-hand view of the significant reforms implemented by the Nigerian president, which have had a profound impact on Nigeria’s commercial capital.
He noted the visible and positive changes brought about by progressive reforms.
Furthermore, Mr Adeyemo highlighted the growing confidence in Nigeria’s economic and business environment due to the implemented reforms.
Expressing optimism about Nigeria’s potential as a new frontier for investment, Mr Adeyemo pledged to encourage American companies to explore and invest in Nigeria.
He told President Tinubu:
“I came back from Nigeria on an official visit that later became a fact-finding mission. In Lagos, I saw, first-hand, some of the major reforms you implemented as the Governor of Lagos and the transformative effect on Nigeria’s commercial capital.
”People have attested to the fact that the reforms you have put in place as president are quickly enhancing confidence.
”American businesses are paying attention to that, and from what we have seen for ourselves, Nigeria is proving to be a new frontier for investment. We will encourage our companies from our end as those reforms continue to deepen.”