Connect with us

Hi, what are you looking for?

News

PHOTOS: First Black US Deputy Treasury Secretary Wally Adeyemo Visits Nigeria

Nigerian-born Adewale “Wally” Adeyemo, the United States Deputy Treasury Secretary, is currently in Nigeria.

Gatekeepers News reports that his visit was part of US’ efforts to strengthen economic ties between both countries.

Adeyemo became the first African American to hold the position after he was confirmed by the US senate in 2021.

His first port of call was the Lagos Business School (LBS), where he highlighted some of the steps needed for the type of growth that creates economic opportunity for the Nigerian people.

The US official said the administration of President Joe Biden is willing to help Nigeria take critical steps to sustain foreign investments.

Adeyemo said, “First, Nigeria needs a stable naira. Unifying Nigeria’s foreign exchange rate will also create the kind of macroeconomic stability that is essential to attracting foreign investment.

“We commend the difficult steps your government has already taken to accomplish this goal. The path to unification is not an easy one as everyone is experiencing, but going backwards would be even worse.”

See photos below:

 

You May Also Like

Business

Find below, the Dollar to Naira exchange rate for today, 22 May 2024. Gatekeepers News has obtained the official dollar to the naira exchange rate in...

Business

Find below, the Dollar to Naira exchange rate for today, 21 May 2024. Gatekeepers News has obtained the official dollar to the naira exchange rate in...

Business

Group Chief Executive Officer (CEO) of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, has announced that Nigeria’s oil production volume is approaching...

Politics

Prince Ajibola Afonja, a former Minister of Labour and Productivity under the Interim National Governmet is dead. Gatekeepers News reports that the deceased died on...