Friday, 27 April 2018

Buhari to depart for US on saturday for talk with Trump

Abuja – President Muhammadu Buhari will
leave Abuja on Saturday on an official working
visit to the United States of America, on the
invitation of President Donald Trump.
President Buhari
President’s Special Adviser on Media and
Publicity, Mr Femi Adesina, in a statement in
Abuja on Friday, said Buhari while in America
would hold bilateral meeting with President
Trump and a working lunch on April 30.
According to Adesina, the meeting is to discuss
ways to enhance the strategic partnership
between the two countries.
He said the meeting would also 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,’’ he added.
He said that ahead of the visit by the
President, meetings had been scheduled on
April 26 and 27, between senior Nigerian
Government officials and executives of major
US companies in the areas of agriculture,
aviation and transportation.
He said that in the area of aviation, the
Nigerian officials would be meeting with
Boeing, the largest aircraft manufacturer in the
world, on the National Carrier Project.
The presidential aide said: “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.’’
He further disclosed that Nigerian officials
would 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 (MoU)
to promote and encourage commercial and
investment ties between Nigeria and the United
States.
This is with initial focus on infrastructure,
agriculture, digital economy, investment and
regulatory reforms.(NAN)

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