USAID lists Seven Nigerian States to benefit from $60m Investment Hub

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The United States Agency for International Development (USAID) has on Tuesday, January 28, 2020 launched a $60 million West Africa Trade and Investment Hub.

According to Mary Leonard, the U.S. Ambassador to Nigeria,  the programme will spur economic growth, generate production, and modernise agriculture in Nigeria and the sub-region.

The Nigerian states to benefit from the programme includes Cross Rivers, Delta, Kebbi, Benue, Niger, Ebonyi, and Kaduna.

The trade hub will administer $60 million dollars in co-investment funds to attract private-sector investment and improve business operations, build capacity to tap into export markets and create new jobs for women, youths and more.

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The Minister of Women Affairs who was also at the event said the investment hub is one initiative that supports the government’s plan to achieve self-sufficiency and diversify the economy.

Yetunde Adegoke

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