Bilateral trade between US, Nigeria hits $36bn annually

Bilateral trade between the United States of America and Nigeria has risen to $36bn annually, just as President Goodluck Jonathan called for more US investment in Nigeria.

The president disclosed the late Wednesday in Washington DC.

According to him, the bilateral trade would continue to appreciate with greater cooperation between Nigeria and its allies in the United States government, as well as the private sector.

In a statement by Jonathan spokesman, Dr. Reuben Abati, the president spoke at a dinner held in his honour by the United States Chambers of Commerce and the Corporate Council on Africa.

Jonathan noted that his administration welcomed the support of Obama administration and  organisations in the ongoing efforts to positively transform the Nigerian economy and ensure it becomes one of the twenty largest economies in the world by the year 2020.

According to the statement, Jonathan called for  greater direct investment in Nigeria from the United States.

[This Day]

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