Okonjo-Iweala Hunts for FDI, Meets Soros, Others

This Day

8 August 2011

Okonjo-Iweala Hunts for FDI, Meets Soros, Others

Incoming Finance Minister and Coordinating Minister for the Economy, Dr. Ngozi Okonjo-Iweala, has commenced hunting for Nigeria’s needed foreign direct investment (FDI) in the United States, with meetings with top financiers and key global investors.

This move is in pursuit of President Goodluck Jonathan’s focus on growing the economy by boosting investment and job creation in the country.

The meetings, which were held in New York and Washington DC, were centred on exploring opportunities in different sectors of the Nigerian economy especially with regards to financing important projects in the country.

THISDAY learnt that among the financial and investment heavyweights she had met so far were the iconic financier, Mr. George Soros, as well as the heads of two of the biggest investment banks in the US - Citigroup CEO, Mr. Vikram Pandit, and CEO of JP Morgan Chase, Mr. Jamie Dimon.

According to a source at the meeting, the discussions were both “positive and promising”.