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Wednesday, August 6, 2025

Tinubu govt restates commitment to strengthening trade relations with U.S.

Finance and coordinating minister of the economy, Wale Edun, gave the assurance during a meeting with the U.S. consul general in Nigeria.

• August 6, 2025
Tinubu and Trump
Donald Trump and Bola Tinubu

President Bola Tinubu’s government has reiterated its commitment to strengthening  trade and investment relations with the U.S. as part of its efforts to boost economic growth and development.

This was communicated in a statement by the finance ministry on Tuesday.

Finance and coordinating minister of the economy, Wale Edun, gave the assurance during a meeting with the U.S. consul general in Nigeria.

The minister said that the country values its partnership with them. 

He stated that the country would explore new frontiers to enhance investment opportunities, promote innovation, and contribute to sustainable development in line with Mr Tinubu’s ‘Renewed Hope Agenda’.

Mr Edun reiterated the Nigerian government’s commitment to creating an enabling environment for investors to unlock investment opportunities in the country. 

The minister said that the improved cooperation between the two countries  aligns with Tinubu’s economic reform agenda, which prioritises private sector participation, fiscal sustainability, and inclusive growth.

Earlier, the consul general, Richard Swart, commended Nigeria for its ongoing reform initiatives and reaffirmed the U.S. commitment to supporting Nigeria’s economic development.

He said that the two countries have built a resilient and enduring partnership.

“We will continue to explore new opportunities for collaboration in trade, investment, and capacity building. Our goal is to support Nigeria in achieving broad-based economic growth and improving the lives of its citizens,” Mr Swart said.

Mr Swart acknowledged the importance of fostering transparent and investor-friendly policies, as well as creating an enabling environment for U.S. businesses to thrive in Nigeria. 

(NAN)

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