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Nigeria Must Improve Its Economic Framework To Attract Crucial Investment Dollars - Wally Adeyemo


The U.S. Deputy Treasury Secretary, Wally Adeyemo, has expressed the opinion that the only way for Nigeria to attract crucial investment into the country is to improve its economic framework and implement reforms in key sectors of the economy.

Adeyemo made these remarks during an interview organized by Arise News TV as part of his engagements during his visit to Nigeria.

He also commended the decisions made by Nigeria's leaders, such as the removal of fuel subsidies and the unification of the currency.

In the interview, he stated that unifying Nigeria's foreign exchange rate will create the kind of macro-economic stability that is essential to attracting foreign investments, the path already taken to achieve this by the Nigerian government is commendable but not easy, yet going backward on this will be even worse .

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