SystemSpecs, owners of Remita, the software infrastructure which facilitates payment into Nigeria’s Treasury Single Account (TSA), is flying the Nigerian flag alongside representatives of the Federal Government and a host of other Nigerian business delegates at the 2018 edition of US-Nigeria Investment Summit which commenced in Washington, DC on Friday, April 20.
Organised by the Nigerian Embassy United States of America, the two-day summit has the theme “Nigeria is Open for Business”.
It is hosted by Nigeria’s Ambassador to the United States, Sylvanus Nsofor.
Attendees include senior Nigerian government officials and business leaders, who will provide American investors with the necessary assistance and guidance on investment, establishment, and operation of enterprises in Nigeria.
The US Department of Commerce, US Department of State, US Import-Export Bank, US Trade and Development Agency and others are also represented.
Vice President Yemi Osinbajo is expected to deliver the summit’s keynote speech.
The summit will be held on the sidelines of the World Bank Group and International Monetary Fund (IMF) Spring Meeting in Washington, DC, U.S.A.
According to the organisers, “US-Nigeria Investment Summit 2018 will be an opportunity to capture Nigeria’s share of foreign direct investment (FDI) into an African market where household consumption will total $2.1 trillion; business spending will increase to $3.5 trillion; and, Africa’s manufacturing output will nearly double to $930 billion by the year 2025.
“The US-Nigeria Investment Summit 2018 (UNIS) is also the bridge to commercial engagement with Nigeria, Africa’s gateway country and largest economy”.
Nigerian business delegates will include top executives of Dangote Group, Honeywell Group, MTN Nigeria, Forte Oil, Transcorp Hilton, Oriental Energy Resources Ltd, among others.
Participating Nigerian agencies and government officials include Minister of Power, Works & Housing, Babatunde Fashola; Minister of Agriculture, Audu Ogbeh; Minister of Transportation, Rotimi Amaechi; Minister of State Petroleum Ibe Kachikwu; Kemi Adeosun, and Governor of the Central Bank of Nigeria, Godwin Emefiele.
SystemSpecs’ participation in the event is highly significant, considering the increasing global focus on innovative technology in various sectors and more recently in the financial service sector.
