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Sunday, 12 May 2013

Obama Visits Nigeria May 28


Obama Visits Nigeria May 28
The President of the United States, Barack Obama, would visit Nigeria on 28 May, 2013, as part of a three-nation tour of Africa.
The 44th President of the United States is expected to parley with President Jonathan on how to tackle problems of insecurity, the economy and trade relations between both nations.
America would be interested in a partnership that would engender a favourable outcome for both countries whose bilateral trade hit $5 trillion in the first quarter of 2012.
It would be an opportunity for President Jonathan to engage Obama on the US exploitation of Shale gas projected to cut a quarter US imports of Nigeria’s oil by the end of the year. They could discuss how Nigeria can benefit from alternative energy programme of the United States. It would give President Jonathan a chance to see how the AGOA programme can be improved to favour Nigeria’s businesses, especially the SMEs.
Obama’s planned session with businessmen while in the country assures that there is yet scope for improving business and trade relations between both countries. Obama’s visit is believed to be five years late given that he was billed to have visited the country in his first term in office, especially when he visited other African countries, including Ghana, which is only 30 minutes away from Nigeria by flight.
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