Saraki Promises Laws To Enhance Nigeria-U.S. Investment Relations | Independent Newspapers Limited
Newsletter subscribe


Saraki Promises Laws To Enhance Nigeria-U.S. Investment Relations

Posted: Jun 19, 2015 at 7:41 am   /   by   /   comments (0)

*As Envoy Reassures On Fight Against Boko Haram

By Ignatius Okorocha, Abuja

The President of the Senate, Senator Bukola Saraki, on Thursday in Abuja said that the National Assembly would enact laws that would enhance investment-friendly relationship between Nigeria and the United States (US), as a way to help bring the country out of its economic doldrumwwws.

While responding to the visiting USA Ambassador to Nigeria, James Entwistle, in his office, Saraki said that with the abundant resources in the nation, he was confident that the legislature would meet the expectations of Nigerians.

The Senate President said he was happy with the cordial relationship between Nigeria and the US, adding that the ambassador’s visit was prompt and coming at a time the nation was preparing to re-address its development challenges.

Saraki listed such major challenges to include epileptic power supply, insecurity, unemployment and revenue leakages and affirmed that the present administration was concerned about the wellbeing of Nigerians.

According to him, “This Eighth Senate has the mandate to give Nigerians the dividends of democracy.

“We will put in place a comprehensive system to make our revenues meet our needs. Our oversight functions would be strengthened in such a way that there will be no room for loopholes in implementing government policies and projects.”

“I can assure you that Nigeria will continue to be attractive to investment opportunities. We have the human capital and with our younger generation’s steadfastness, training and development, our much needed goals would be achieved, “he said.

In his remarks, the US Ambassador assured the Senate President of cooperation and support for Nigeria in the areas of insecurity, powers supply, human empowerment and investment opportunities.

Entwistle expressed hope in the future of Nigeria, saying; “I am optimistic about the future of this country especially when I meet young Nigerians. Their energy, their zeal and prowess indicate that Nigeria will be great.”

The envoy reaffirmed the US resolve to assist Nigeria in the fight against insurgency, adding that no other country was doing more than the US in the fight against insurgency in Nigeria.

I have spoken to the new administration on new ways to fight insurgency. “We have been helping in fighting Boko Haram for years and we will continue to assist the country in that fight; I can assure you,” he said.

While restating his country’s commitment to invest heavily in agricultural business, he encouraged Nigerian government to exploit that area in its economic pursuit.