The Nigerian Economic Summit Group (NESG) has expressed satisfaction with the decision of the United States of America Export-Import Bank to drive more investments into the country.
Speaking at a dinner in honour of Mr. Fred P. Hochberg, chairman/president of the US Exim bank in Abuja, Mr. Foluso Phillips, chairman of the group, said Nigeria’s investment climate is conducive and open to more investments from across the world.
The dinner was graced by Malam Sanusi Lamido Sanusi, governor of the Central Bank of Nigeria; Professor Barth Nnaji, energy minister; his agriculture counterpart Dr. Akinwunmi Ayo Adesina; Professor Ade Adefuye, Nigeria’s ambassador to the USA; Mr. Terence McCaulley, US ambassador to Nigeria; Ambassador Gbenga Ashiru, foreign affairs minister; Ms Arunma Oteh ,director general of the Securities and Exchange Commission among a host of other top Nigerian and US business executives.
Philips said the NESG appreciates the decision of the bank to categorise Nigeria among  focus countries  in its 2010-2015 strategic plans adding that despite earlier investments in some Nigerian banks, opportunities still abound for investments in other sectors of the economy.
“With about 160 million people and GDP growth rate of about 7.3 per cent , I believe that Nigeria is where the investor should be. great opportunities abound for investments in power generation and distribution, infrastructure development, agriculture, health, education, mining and SME development,” he said.