News / Africa

Nigerian Official Satisfied Africa Seen as New Investment Destination

FILE - Head of Nigeria’s Securities and Exchange Commission Arunma Oteh
FILE - Head of Nigeria’s Securities and Exchange Commission Arunma Oteh
Mariama Diallo

The head of Nigeria’s Securities and Exchange Commission says she’s happy there’s greater recognition of Africa as the preferred investment destination because of positive statistics coming out of the continent.  Despite the good news on the economic front, Nigerians from the diaspora say more work is needed on security in their home country.

Arunma Oteh says she is satisfied with the outcome of the three-day summit between Africa and the United States, hosted by President Barack Obama.

“I just want to commend President Obama and the U.S. administration as well as the private sector leadership for recognizing the value of engagement, the value of a respectful relationship; the fact that we’ve really transitioned from this period of, "Oh let’s go and help these poor Africans; diseased [and] war infested countries." [Instead say] we are making good returns so let’s have a partnership that’s an equal partnership," said Oteh.

Oteh also says many countries are looking at Africa differently because of the Chinese presence.

“My sense is also that the Chinese have brought competition for the West.  The Chinese have started this approach of engaging and being respectful in that relationship," she said.

Oteh spoke to VOA at a town hall meeting that was supposed to give Nigerians of the diaspora a chance to address their president, Goodluck Jonathan, to celebrate the positives about their country but also address its challenges.  He did not show up.

Olufemi Ilori, who took the day off for the chance to face his president, says he was not pleased.

“I would have to say a little disappointed in the fact that I thought it was going to be more of an interaction on issues that we are passionate about as far as Nigerians living overseas, but it’s more or less a sales speech for the president’s political agenda for the next election," said Ilori.

Emmanuel Adegoke said that while the Nigerian economy is booming, the same cannot be said about security.

“It’s real that girls are missing from Nigeria, the Boko Haram thing is real.  It’s not some political propaganda.  It’s not made up.  It’s insulting to our intelligence when someone says don’t come over here and talk about Nigeria in a bad way when bad things are happening over there," said Adegoke.

More than 200 schoolgirls have been kidnapped by the militant group Boko Haram.  The incident has caused an international outcry and many blame the Nigerian government.  The co-organizer of the town hall meeting, John Iheoma, apologized that President Jonathan could not attend, but said the missing girls’ incident is a very complicated one and that the government is doing its best.

“No leader wants to welcome terrorism. We will find them but our motive should be bring these kids alive.  I don’t want my 18-year-old, 14-year-old or my 11-year-old to die in a bomb blast because I want to be a hero," said Iheoma.

It has now been almost four months since the girls disappeared.

You May Like

Video Snowstorm Sweeps Northeastern US

'This is nothing like we feared it would be,' New York City Mayor Bill de Blasio says; he had warned storm could be one of worst in city history More

Millions of Displaced Nigerians Struggle With Daily Existence

Government acknowledges over a million people displaced in 2014 due to fight against Boko Haram insurgency More

Facebook: Internal Error to Blame for Outages

Temporary outage appeared to spill over and temporarily slow or block traffic to other major Internet sites More

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Obama Urges Closer Economic Ties During Historic India Visiti
X
Aru Pande
January 26, 2015 9:33 PM
U.S. President Barack Obama says the United States and India must do better to capitalize on untapped potential in their economic relationship - by removing some of the roadblocks to greater trade and investment. As VOA correspondent Aru Pande reports from New Delhi, Obama spoke after participating in India’s Republic Day celebration.
Video

Video Obama Urges Closer Economic Ties During Historic India Visit

U.S. President Barack Obama says the United States and India must do better to capitalize on untapped potential in their economic relationship - by removing some of the roadblocks to greater trade and investment. As VOA correspondent Aru Pande reports from New Delhi, Obama spoke after participating in India’s Republic Day celebration.
Video

Video US, EU Threaten New Russia Sanctions Over Ukraine

U.S. President Barack Obama has blamed Russia for an attack by Ukrainian separatists that left dozens dead in the port of Mariupol and cast further doubt on the viability of last year’s cease-fire with the Kyiv government. VOA’s Michael Bowman reports from Washington.
Video

Video White House Grapples With Yemen Counterterrorism Strategy

Reports say the U.S. has carried out a drone strike on suspected militants in Yemen, the first after President Barack Obama offered reassurances the U.S. is continuing its counterterrorism operations in the country. The future of those operations has been in question following the collapse last week of Yemen’s government. VOA White House correspondent Luis Ramirez reports.
Video

Video Kerry Warns Against Violence in Nigeria Election

US Secretary of State John Kerry visited Nigeria Sunday in a show of the level of concern within the U.S. and the international community over next month’s presidential election. Chris Stein reports.
Video

Video Zoo Animals Show Their Artistic Sides

The pursuit of happiness is so important, America's founding fathers put it in the Declaration of Independence. Any zookeeper will tell you animals need enrichment, just like humans do. So painting, and even music, are part of the Smithsonian National Zoo's program to keep the animals happy. VOA’s June Soh met some animal artists at the zoo in Washington. Faith Lapidus narrates.
Video

Video Worldwide Photo Workshops Empower Youth

Last September, 20 young adults from South Sudan took part in a National Geographic Photo Camp. They are among hundreds of students from around the world who have learned how to use a camera to tell the stories of the people in their communities through the powerful medium of photography. Three camp participants talked about their experiences recently on a visit to Washington. VOA’s Julie Taboh reports.
Video

Video Saudi, Yemen Developments Are Sudden Complications for Obama

The death of Saudi Arabia's King Abdullah and the collapse of Yemen’s government have cast further uncertainty on U.S. efforts to fight militants in the Middle East and also contain Iran’s influence in the region. VOA White House correspondent Luis Ramirez reports on the new complications facing the Obama administration and its Middle East policy.
Video

Video Progress, Some Areas of Disagreement in Cuba Talks

U.S. and Cuban officials are reporting progress from initial talks in Havana on re-establishing diplomatic ties. U.S. Assistant Secretary of State (for Western Hemisphere Affairs) Roberta Jacobson said while there was agreement on a broad range of issues, there also are some “profound disagreements” between Washington and Havana. VOA State Department correspondent Pam Dockins has the story.
Video

Video US, Japan Offer Lessons as Eurozone Launches Huge Stimulus

The Euro currency has fallen sharply after the European Central Bank announced a bigger-than-expected $67 billion-a-month quantitative easing program Thursday - commonly seen as a form of printing new money. Henry Ridgwell reports for VOA from London on whether the move might rescue the eurozone economy -- and what lessons have been learned from similar programs around the world.
Video

Video Nigerian Elections Pose Concern of Potential Conflict in 'Middle Belt'

Nigeria’s north-central state of Kaduna has long been the site of fighting between Muslims and Christians as well as between people of different ethnic groups. As the February elections approach, community and religious leaders are making plans they hope will keep the streets calm after results are announced. Chris Stein reports from the state capital, Kaduna.
Video

Video As Viewership Drops, Obama Puts His Message on YouTube

Ratings reports show President Obama’s State of the Union address this week drew the lowest number of viewers for this annual speech in 15 years. White House officials anticipated this, and the president has decided to take a non-traditional approach to getting his message out. VOA White House correspondent Luis Ramirez reports.
Video

Video S. Korean Businesses Want to End Trade Restrictions With North

Business leaders in South Korea are calling for President Park Geun-hye to ease trade restrictions with North Korea that were put in place in 2010 after the sinking of a South Korean warship.Pro-business groups argue that expanding trade and investment is not only good for business, it is also good for long-term regional peace and security. VOA’s Brian Padden reports.

Circumventing Censorship

An Internet Primer for Healthy Web Habits

As surveillance and censoring technologies advance, so, too, do new tools for your computer or mobile device that help protect your privacy and break through Internet censorship.
More

All About America

AppleAndroid