President Muhammadu Buhari will
leave Abuja on 28th April 2018, on an official working visit to the United
States of America, on the invitation of President Donald Trump.
President Buhari will have bilateral meeting with President Trump
and a working lunch on Monday 30 April 2018.
The meeting is to discuss ways to enhance the strategic
partnership between the two countries and to advance shared priorities, such
as: promoting economic growth, fighting terrorism and other threats to peace
and security.
The meeting will further deepen the US-Nigeria relationship as the
United States considers Nigeria’s economic growth, security and leadership in
Africa to be critical aspects of their strategic partnership.
Later in the day, President Buhari will meet with a group of
business persons in agriculture and agro-processing, dairy and animal
husbandry.
Ahead of the visit by President Buhari, meetings have been
scheduled on 26th and 27th April, 2018, between senior Nigerian Government
officials and executives of major US companies in the areas of agriculture,
aviation and transportation.
In the area of aviation, the Nigerian officials will be meeting
with Boeing, the largest aircraft manufacturer in the world, on the National
Carrier Project.
On agriculture, they will meet with large equipment manufacturers
with focus on harvesting and post harvesting equipment.
In the area of transportation, the officials will meet with the
GE-led consortium for the implementation of the interim phase of the narrow
gauge rail concession.
In the interim phase, a substantive concession agreement will be
negotiated and finalized to provide the consortium the opportunity to invest an
estimated $2bn, to modernize the rail line from Lagos to Kano (Western Line)
and from Port Harcourt to Maiduguri (Eastern Line).
During the meeting, the concession framework and the interim phase
framework agreements are expected to be signed.
The Nigerian officials will also meet with US-EXIM Bank and the US
Overseas Private Investment Corporation to explore competitive financing
arrangements.
It is noteworthy that in 2017, Nigeria’s Federal Ministry of
Industry, Trade and Investment and the United States Department of Commerce
signed a Memorandum of Understanding to promote and encourage commercial and
investment ties between Nigeria and the United States, with initial focus on
infrastructure, agriculture, digital economy, investment and regulatory
reforms.





No comments:
Post a Comment