Nigeria; from rags to riches

By Nicholas Pescod – AfricanBrains
American President Barack Obama said Nigeria is the world’s next economic success story. He noted that this was one of the most important reasons why his government will be committed to helping Nigeria build successful democratic institutions and remove constraints to trade and investment through the African Growth and Opportunity Act.
According to, Obama made his declaration at the US-Nigeria Trade and Investment Forum, yesterday in Washington D.C.
Obama who was represented by Ambassador Eunice Reddick, said that his country has expanded new opportunities for Nigeria to effectively access markets and diversify its economy.
“As we support these efforts, the Diaspora can play an important role in contributing to a strong, vibrant and economically prosperous Nigeria” he noted.
Obama said his country was investing in Nigeria’s success because it understands the country’s strategic gravity and overall influence in the rest of Africa.
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Nicholas Pescod attended Iroquois Ridge High School in Oakville, Ontario and graduated in 2007. After deciding to return for an extra semester of high school he attended the University of Guelph in 2008. In 2009 he transferred from University into Centennial College’s journalism program and graduated in 2012. Pescod has been a contributor to the East-Toronto Observer, and he currently contributes to the North Shore News’ entertainment section. While at Centennial College he created Radio Nation, a weekly Internet radio show with a focus on indie music. Since Radio Nation began in November of 2010 there have been over 70 different live guests. In 2011 Pescod received a Global Citizenship award from Centennial for his work on Radio Nation. The show has regular listeners from around the world. Email: