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U.S. Says Nigeria’s Monetary Policies Laudable - Politics - Nairaland

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U.S. Says Nigeria’s Monetary Policies Laudable by Kuginzi: 7:58am On May 11
The United States government has lauded Nigeria’s monetary policies, as being conducive for businesses to thrive, as well as strengthening and positioning the nation’s economy for overall growth.
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According to the News Agency of Nigeria (NAN), U.S. Deputy Assistant Secretary, Bureau of African Affairs, State Department, Joy Basu, made this known at a digital news conference with participating journalists.

Basu said that the U.S. was committed to fostering its collaboration with Nigeria to tackle myriad pressing issues and obstacles, which Nigeria, being Africa’s largest economy, was facing.

The envoy said her country was working closely with the U.S. Treasury, Nigerian authorities, and African central banks towards ensuring public and private sector economic restoration, stability, and prosperity across Africa.

Speaking against the backdrop of the recently concluded 16th U.S.-Africa Business Summit in Dallas, Texas, Basu said the U.S. was also working on curbing Africa’s security, infrastructure and energy challenges.

"We just came back from a meeting in Abuja, which was between the Secretaries of State and the United States and is committed to being a good partner of prospect.

"We have made commitments to work on the security situation, infrastructure and energy, which is a common challenge not only in Nigeria but in some other countries in the continent.

“We have made concrete commitments to work on an enabling business environment in Nigeria and to make sure that American companies that are investing in Nigeria are having a transparent experience.

“We are working closely with our U.S. treasury, and with the central banks of African countries, particularly Nigeria and the World Bank, to restore the economy, help the people, and ensure public and private companies to thrive,” she said.

Reta Lewis, President, U.S. Export-Import Bank, in her remarks, highlighted U.S. efforts towards bolstering trade and investment across Africa and emphasised the importance of transparency and accountability in fostering stronger U.S.-Africa partnerships.

She disclosed that the U.S. government had earmarked $900 billion for the construction of solar power plants in Africa, being the largest renewable energy project and transaction this year.

https://thenationonlineng.net/u-s-says-nigerias-monetary-policies-laudable/

Re: U.S. Says Nigeria’s Monetary Policies Laudable by Ezeama400: 8:04am On May 11
Laudable indeed!!!
Re: U.S. Says Nigeria’s Monetary Policies Laudable by PlasmaTV: 8:16am On May 11
US of A
A very ridiculous country that won't mind their business.
Re: U.S. Says Nigeria’s Monetary Policies Laudable by EmperorCaesar(m): 8:20am On May 11
Real recognizes Real

We're on path to become the USA of Africa in terms of economic and industrial development but not in Gun violence
Re: U.S. Says Nigeria’s Monetary Policies Laudable by helinues: 9:12am On May 11
We don't need any of una validation let the financial institutions do the ratings not political group
Re: U.S. Says Nigeria’s Monetary Policies Laudable by Ola9ja23: 9:50am On May 11
A big slap on Bitter Obituarists face 😀🤣😀

We are waiting for reaction from Bitter Obituary himself 😀🤣😁


The entire IPOBidients should get ready to wail for another 8 years
Re: U.S. Says Nigeria’s Monetary Policies Laudable by ayoolataiwo(m): 9:52am On May 11
Abeg let them face front and stop meddling in our internal affairs.Like they are Saint.Aint they aiding and abating these corrupted individuals,giving eye service aid,grants and loans to enslave poorer country and creating instability.Anyway some African countries are already rejecting them,,Nigeria will one day follow

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Re: U.S. Says Nigeria’s Monetary Policies Laudable by SpecialAdviser(m): 9:58am On May 11
Our poverty is US glory. If you know you know

Re: U.S. Says Nigeria’s Monetary Policies Laudable by FitCorper: 9:59am On May 11
grin
Re: U.S. Says Nigeria’s Monetary Policies Laudable by malali: 10:19am On May 11
[b]In the wake of the devastating toll of COVID-19, Western countries like the UK and USA find themselves grappling with a profound loss of human lives. This loss has left a gaping void in their labor force, leading to economic challenges as they struggle to maintain productivity and address the inflationary aftermath of the pandemic. However, their response to these crises has taken a troubling turn.

Increasingly, these nations are resorting to a subtle form of digital trafficking, exerting pressure on countries like Nigeria, rich in human capital, to adopt policies that exacerbate hardships for their citizens. This calculated move aims to drive talented individuals to flee ("japa"wink in search of better prospects, only to be ensnared as digital slaves in foreign lands.

History bears witness to this manipulative cycle: leaders who defy these pressures, like Abacha, are vilified in Western media, while those who comply receive praise. It's a dangerous game where the IMF and similar entities masquerade their self-serving agenda as benevolent assistance to Nigeria.

It's imperative that we recognize and resist this neocolonial tactic, liberating ourselves from the false allure of IMF's purported goodwill. Our path to prosperity lies in self-determination and resilience, not in succumbing to the predatory tactics of digital exploitation disguised as aid.[/b]

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