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New Telegraph

AGOA: US Seeks Diversification Of Nigerian Exports

United States ConsulGeneral, Mr. Will Stevens, has urged Nigerian businesses to take advantage of the African Growth Opportunities Act (AGOA) to diversify their export portfolios to his country.

Stevens made the call at the opening of the AGOA workshop with Prosper Africa yesterday in Lagos.

The News Agency of Nigeria (NAN) reports that Prosper Africa is a US Presidential-level national security initiative to scale two-way trade and investment between the U.S. and Africa to transformative and strategic levels.

The workshop aimed to equip export-ready Nigerian businesses and relevant stakeholders with the necessary knowledge and skills to maximise the benefits of AGOA and improve its utilisation in Nigeria.

According to Stevens, AGOA is a unilateral trade benefit that the US gives to over 40 African nations that allows them to import their goods into the country duty-free.

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