• Home
  • Radio
  • TV
  • Advertisement
  • Disclaimer
  • Public Notice
    • Opinion
  • New Africa Business News
  • Contact
  • Log In
facebook
    • News
    • Business
    • Video
    • Entertainment
    • Sport
    • Jobs
    • Government
    • Immigrants
    • Investment
    • Gallery
      • Animal
      • Africa Map
    • NGO
    BREAKING NEWS
    Embangweni Trading Centre got a facelift as a Contemporary Modern Market Structure by the Malawi Administration
    Africa Finance Corporation Launches $2 Billion Facility to Support Economic Recovery in Africa
    AfriMoney in complicity with Watu – an Asset FinTech disclose ‘Okada Bomba’ Promotion
    Initiative Launched to Enhance Food Security & Fight Climate Change in West and Central Africa
    Africa Continues to Lead in Mobile Money Adoption, With Over $403 Billion in Transactions, Report
    …as it strives to boost its Storage Facility, Kenya Pipeline Company (KPC) ventures to upgrade Facilities
    Ecobank Launches Leadership Training Programme to Support Women-Owned Businesses Across Africa
    Equatorial Guinea and DR Congo Strengthen Energy Relations to Enhance Oil and Gas Development
    Digital Farming in Zimbabwe: FarmBuzz Provides Solutions for Farmers to Improve Productivity
    Energy Security: Zambia, Angola Sign Cooperation Agreement in an Effort to Ensure Stability in the Economy

    US$4 Billion Investment to be Injected in the Nigeria Economy by Nigerian American Business Forum

    Posted On 04 Mar 2020
    By : New Africa Business News, Staff Correspondent
    Comment: 0

    By Abdul Rahman Suagibu –

    Photo Credit: Fine Art America

    NEW AFRICA BUSINESS NEWS ( NABN ) Freetown, Sierra Leonne- Union of Nigerian specialists in the United States (U.S.) has propose calculations in place to draw in $4 billion venture into the Nigerian economy in the succeeding two years, to exhilarate the economy of their fatherland.

    The experts, under the sponsorship of Nigerian American Business Forum (NABF), expressed this at their 2020 Investment Conference with the theme: “Improving Nigeria’s Economy: Opportunities and challenges”, at Tampa, Florida.

    They explained, despite the apparent enterprise challenges, they were deduced to employ their wealth of experience and rapport to dazzle development to their motherland.

    The President of the forum – Kenneth Shobola announced that, the forum has bent on to effect the wealth of experience of Nigerian Diasporas for the hasty improvement of their country. Shobola noted: “Our goal remains the same. We are attracting a $4 billion investment over a two-year period. We have already identified some areas where there are deficiencies such as healthcare, agriculture and education.

    “We’ve been doing quite a lot. Privately, a lot of our members are making in inroads into those areas and also corporately, we’re already working and also looking at very good viable projects.

    “Should things go the way we want, with the plans we have in place, exiting this conference, a huge chunk of that $4 billion investment would definitely be hit before our next conference,” he noted.

    “Nigeria is one of the best and most fertile countries to invest in anywhere in the world. As in everything high-risk in the world, no investment is risk-free. But at the same time, you can minimize or eliminate these risks as best as you can.

    “I think Nigeria is one of the developing nations where you can truly see the opportunities that you probably minimize to see here in the United States and then if properly harnessed, you will get the desired results.”

    He furthered that, there were chances to arise the nemesis of medical tourism by glancing at a run-down sanitariums or healthcare facilities that desire restructuring and managerial actions in addition to attracting experts in to run such facilities the way they were being done in the U.S.

    “NABF is staring at stabilizing and incorporating the most established diagnostics techniques and treatment based on the expertise we have here in the United States. We are bringing in some experts such as cardiologists, neurologists, ophthalmologist,

    surgical interventionists in the areas of cancer, diabetes and a lot of the common diseases that tend to plague our people,” he said.

    Shobola said NABF decided to invest in Nigeria youth, youth unemployment was at undesirable level, adding that NABF’s general goal was to get to 100% of youth employment.

    “We have massive youth unemployment. Our goal is to continue to do what we are doing to attain 100% youth employment.

    “Just look at the Nigerians here, they sing our praises everywhere we go just because we have the opportunities and those opportunities showcase those talents. But Nigerians at home have the education but don’t have the opportunities. This is creating a very dangerous condition,” NABF President noted.

    He said, it was an enormous edict; but believed that the Diasporas intervening along rounding off the efforts of government and the private sector in Nigeria, would make the difference.

     

     

    Africa President of the year 2020
    Start Voting for Africa President of the year 2020. Nomination Starts February 01 & Ends December 15/ 2020. Please Submit your Nominee’s Name, Country, Brief Reason for the Nomination. Please Limit Submission to 100 words and One Submission per Person. Email all Nomination to info@newafricabusinessnews.com  .Africa President of the year will be announced January 01/ 2021. New Africa Business News. Africa’s Most Read and Fastest Growing Global Newspaper.  www.newafricabusinessnews.com

     

     

    The Global International Company
    International Business Consultant Company, Specialize With Companies Want To Do Business or Doing Business In Africa & The United States. Contact:  info@theglobalinternational.com

     

     

    Invest in Modern Africa
    Africa the Fastest Growing Continent in the World. Six of the World’s Ten Fastest Growing Economies are in Africa. More than Half of Global Population Growth between now and 2050 is Expected to Occur in Africa. This Decade Belongs to Africa as Technology Ripples through the Continent. Africa the Untapped Market. Africa Great Continent to Invest & Grow Business. Africa the Last Frontier for Investment. Africa is the Future.

     

     

    Insurance Partners, LLC, A MBowe Group Company
    Insurance! Contact: info@buyusinsurance.com, Visit: https://thembowegroupinc.business.site/

     

     

    www.newafricabusinessnews.com
    Africa’s Most Read and Fastest Growing Global Newspaper. Forward www.newafricabusinessnews.com

     

     

    For New Africa Business News (NABN) Abdul Rahman Suagibu Reports,  Africa Correspondent

    Facebook: newafricabusinessnews.com

    Email: Info@newafricabusinessnews.com

    AFRICA’S MOST READ AND FASTEST GROWING GLOBAL NEWSPAPER – www.newafricabusinessnews.com

     

     

     

    NEW AFRICA BUSINESS NEWS
    COMING SOON ADVERTISING OPPORTUNITY WITH AFRICA’S FASTEST GROWING GLOBAL ONLINE NEWSPAPER. THANK TO COMPANIES THAT WANT TO ADVERTISE.   INFO@NEWAFRICABUSINESSNEWS.COM

     

     

    About the Author
    New Africa Business News Staff Correspondent
    • google-share
    Previous Story

    Dangote Fertilizer, Pre-Testing US$2bn World’s Biggest Plant Ahead of Opening

    Next Story

    Ghana Takoradi Port Expansion, Work Begins on US$500m Multi-Purpose Atlantic Terminal

    Leave a Reply Cancel reply

    *
    *

    Members Area

    • Members Log In

    RECENT

    POPULAR

    COMMENTS

    Embangweni Trading Centre got a facelift as a Contemporary Modern Market Structure by the Malawi Administration

    Posted On 18 May 2022

    Africa Finance Corporation Launches $2 Billion Facility to Support Economic Recovery in Africa

    Posted On 17 May 2022

    AfriMoney in complicity with Watu - an Asset FinTech disclose ‘Okada Bomba' Promotion

    Posted On 15 May 2022

    New Africa Business News, Person of the Year 2021-2022, Goes to African Women

    Posted On 29 Jan 2022

    New Africa Business News Award Medalist of Excellence as Africa's President of the Year 2020-2021 meets the Heads of his Ancestors on March 17th, 2021 Samia Suluhu Hassan divulged

    Posted On 20 Mar 2021

    New Africa Business News, Person of the Year 2020-2021, Goes to Dr. Arikana Chihombori Quao

    Posted On 01 Jan 2021

    Thanks for reading, Africa’s fastest...

    Posted On 27 Apr 2022

    Thanks for reading, Africa’s fastest...

    Posted On 27 Apr 2022

    Thanks for reading, Africa’s fastest...

    Posted On 27 Apr 2022

    Facebook

    Latest Posts

    Embangweni Trading Centre got a facelift as a Contemporary Modern Market Structure by the Malawi Administration

    Africa Finance Corporation Launches $2 Billion Facility to Support Economic Recovery in Africa

    AfriMoney in complicity with Watu - an Asset FinTech disclose ‘Okada Bomba' Promotion

    Recent Posts

    • Embangweni Trading Centre got a facelift as a Contemporary Modern Market Structure by the Malawi Administration
    • Africa Finance Corporation Launches $2 Billion Facility to Support Economic Recovery in Africa
    • AfriMoney in complicity with Watu – an Asset FinTech disclose ‘Okada Bomba’ Promotion
    • Initiative Launched to Enhance Food Security & Fight Climate Change in West and Central Africa
    • Africa Continues to Lead in Mobile Money Adoption, With Over $403 Billion in Transactions, Report

    Categories

    • Business
    • Education
    • Entertainment
    • Featured
    • Government
    • Immigrants
    • Investment
    • News
    • NGO
    • Obituary
    • Opinion
    • Public Notice
    • Sport
    • Video

    Tag Cloud

    african economy business africa

    Contact Form

    1. Name *
      * Please enter your name
    2. Email *
      * Please enter a valid email address
    3. Message *
      * Please enter message
    Copyright 2019 New Africa Business News, Inc. A Global International Company, Inc. All Rights Reserved.