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 allAfrica.com, 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.