“At the recent UN General Assembly in September, the President emphasized Africa’s pivotal role in the world’s future,” stated Blinken. Despite the United States’ eagerness to enhance bilateral ties with Nigeria, he highlighted the importance of addressing challenges to facilitate business.
Acknowledging Tinubu’s strategic efforts to restore investor confidence, Blinken noted that long-term challenges, including corruption and foreign capital repatriation, need addressing for full potential realization. He commended Tinubu’s bold economic reforms but recognized the short-term pains, emphasizing U.S. support during this period.
While acknowledging Nigeria’s challenges, Blinken emphasized ongoing exploration of the country’s potential by the U.S. government and entrepreneurs. Private sector investments, particularly in the health sector, aim to contribute to development and address public health concerns.
Highlighting the $8.3 billion investment in HIV and tuberculosis prevention over five years, Blinken underscored ongoing efforts to strengthen Nigeria’s public health system. Collaborative initiatives include climate action and the development of artificial intelligence for positive impact, demonstrating mutual benefits in global partnerships.