By
Sampson I.M Onwuka
July 20th meeting with Barack Obama
A fashionable outing for a newly elected President Muhammad Buhari
Beginning with the issues of long term development and relationship between Nigeria and United States with the primary materials of economic development, Amadou Sy writing with background on Brookings Institute, that,
“A defining feature of all the
Obama administration’s activities in Africa has been the great emphasis the
president has placed on improving the U.S.-African commercial relationship and
supporting broader inclusive economic growth throughout the region.”
The theme of the visit is by Nigerian President, Mohammed Buhari is to establish his long standing relationship with White House following his recent victory in the United States and on the victory at the elections which highlight some of the needs for multi-national long term growth in energy.
Brooking Institute is not impressive with its lectures on African and American economic commission; it is not impressive with graphs that hone other information gaps about Africa and in this case, Nigeria and it is easily pedestal on the bi-lateral business -between these countries dodging the primary problems as it were.
“Each of his signature programs have
consistently included a prominent role for the business community, with Power
Africa reportedly leveraging an astounding $20 billion in commitments from the
private sector to support badly needed electricity generation and access in the
region.”
The informed background of some of
the assumptions with investment in both cases do inspire the least
dispassionate observer or treat the challenges that are easily at home with the
more fundamental questions of credit and leverages which the banks and its
populist daring can enhance and parallel themes with Central Banks as it were
may help to create.
(1)
The article is intended to suppress some of the assumptions about business in Africa and the cultural gaps in the process.
“When measured by a subset of
Heritage’s freedom ranking on “open markets” (trade, investment, and financial
freedom), sub-Saharan African countries have been fairly static throughout
Obama’s terms in office, but have recorded some modest progress. On Heritage’s
scale of 0-100, sub-Saharan African countries on average have improved their
score from 47 to 51 since 2008, an increase of approximately 9 percent.”
We can only mention that the
varying expectation of the Nigerian energy investment and interest in environmental
control would require the more grasping upgrade of Nuclear Energy even from Private
Corporation, stymied by the saga of Boko-Haram in very recent times.
There are
more handsome issues to discuss between Nigeria, Africa and America; many of us
fill in the gaps in pushing the limits of these assumptions at any level
including the prosperity of war currency and re-domination of the local papers.
(2)
“…the president’s strategy on
U.S.-Africa relations also identifies “…strong public financial management” as
a key means to “…increase transparency and effectiveness in government operations
and broaden the revenue base.”
In a book written by James
Anderson, he clearly stated that claim for products mastered by the difference
between a closed end investing category of the International and open end
investing category.
But from this man’s book, we learn that one "Closed end hold a portfolio of
investments and rise and fall according to market conditions. They have a
limited number of shares, and trade like stocks in the New York Stock
Exchange"
It was this exercise of Wall Street
practice that makes it possible for this exercise to have any meaning among
Africa American investors. Since there are hardly any or enough business for
Blacks in these United States, it levers on the many few to adjust to this
issue of investment for one or two types of reasons.
(3)
“Acknowledging this deficiency,
President Obama has prioritized supporting greater regional integration in
Africa, highlighting intra-African harmonization as a key point in his strategy
toward the region and backing that up with new programs like Trade Africa,
which aims to increase coordination between countries in East Africa.”
James Anderson once stated that this statement may seem unusually
ambiguous to the enabled degree that some of the changes in the stock market
since the Archipelago for instance and the world market Vanguards, has given
the Stock market a whole new make and has increased the investment alternatives
that does not necessarily subtend with closed and open ends stock registrar.
