HomeBusiness and TechNigeria Seeks Deeper Business, Investment Ties with US

Nigeria Seeks Deeper Business, Investment Ties with US

By Gloria Essien, Abuja

The Speaker of the House of Representatives, Tajudeen Abbas, has reaffirmed Nigeria’s readiness to deepen business and investment ties with the United States.

Abbas stated this when the President of the United States Chamber of Commerce, Kendra Gaither, led a delegation of American business representatives on a courtesy visit to the National Assembly.

Represented by the House Leader, Professor Julius Ihonvbere, the Speaker said the visit demonstrated the commitment of both countries to strengthening business cooperation and promoting economic growth.

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He said the administration of President Bola Tinubu was willing to expand trade relations with the United States, urging American investors to explore opportunities in Nigeria.

Abbas said the Nigerian Government was committed to strengthening security and expanding the economy to meet local content requirements and promote investment.

He identified agribusiness, tourism, solid minerals and hospitality as key sectors with investment potential, noting that Nigeria’s large youth population offered opportunities for businesses seeking to invest in the country.

“We encourage investors to come because we want to partner with them to boost our economy. I want to specially encourage you to look at agribusiness, tourism, solid minerals and the hospitality sector,” Abbas said.

According to him, investors who worked with the right partners and complied with established regulations could expect returns on their investments.

Strengthening Legislation 

The Speaker also said the House of Representatives was strengthening legislation to improve the business environment and make it easier for businesses to operate in Nigeria.

In her remarks, Gaither pledged to promote further business opportunities for Nigerian companies, saying the delegation was in the country to explore investment prospects.

Also speaking, the Chairman of the House Committee on Nigeria-United States Parliamentary Relations, Okey-Joe Onuakalusi, said the visit followed contacts established during the committee’s previous engagements in the United States.

He recalled that committee members visited the country in May 2025 and met with representatives of the US Chamber of Commerce.

Onuakalusi said the committee would work to ensure that the visit produced tangible outcomes, particularly in attracting investment and creating opportunities for Nigerian businesses.

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