Adeyemo said Nigeria could attract more foreign direct investment if it accelerated efforts to stabilize the nation’s currency, the naira, and revamped its fiscal policies to end fuel subsidies and invest more in digital infrastructure, education and a strong small business environment.<\/p>\n
Adeyemo also called for steps to shore up the integrity of Nigeria’s banks and reduce the ability of “criminals, terrorists and others” to launder money through the Nigerian financial system. Washington stands ready to help Tinubu’s government tackle challenges in this area, he added.<\/p>\n
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U.S. Deputy Treasury Secretary Wally Adeyemo on Monday urged Nigeria to work to stabilize its currency and fight corruption to unlock what he called the “unrealized opportunity” of Africa’s most populous country. Adeyemo, who emigrated […]<\/a><\/p>\n<\/div>","protected":false},"author":2,"featured_media":14860,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,2],"tags":[2786,2785],"coauthors":[25],"class_list":{"0":"post-14858","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-latest-news","8":"category-top-news","9":"tag-us-deputy-treasury-secretary","10":"tag-wally-adeyemo"},"yoast_head":"\n