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Video: US deputy treasury chief, Adeyemo identifies reform areas for Nigeria 

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In this video, Nigerian-born Adewale Adeyemo, who is the United States deputy treasury secretary, expresses the US commitment to strengthening relations with Nigeria and calls for urgent reforms in three aspects which he argues are central to development.

Nigeria needs a stable Naira which, according to him, will create macroeconomic stability that will stimulate both local and foreign investment.

He states that the government needs to articulate a credible fiscal strategy that will provide the resources for critical investment. He also applauds the recent policy to remove subsidies from petroleum products.

Adeyemo also identifies fighting corruption in the business environment. He adds that the perception of corruption by the Nigerian public contributes to the lack of support that the government gets in the pursuit of some of its agenda.

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Video: AfDB President, Adeshina marvels at Eritrea’s agricultural innovations

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In this video, the President of the African Development Bank Group, Akinwumi Adeshina commended the Eritrean government for the engineering capacity of  Eritrean institutions to come up with innovative agricultural mechanisms.

Adeshina was taken on an Agro-projects tour by Eritrea President, Isaias Afwerki.  “I marvel at some of the things I see here,” said Adesina, who also reaffirmed the Bank’s commitment to helping Eritrea with rapid development.

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