Americans and others urged to invest in Nigeria.
Leading a large delegation of Nigerians to the US ExIm Bank's 2012 Conference, Vice President Namadi Sambo says investment in Nigeria's non-oil sector is the next big thing after the exponential success in information technology as he spoke during the session on Global Competitiveness through Exports in Washington, USA. He stated that 'there is room for improvement in our economic relations if the US could encourage their private companies to partner with Nigerian private sector, particularly in the area of power generation, transmission and distribution'. Sambo further revealed that the federal government had built 10 thermal plants that would be managed by the General Electric of the USA, the Mambila hydro project, the construction of 200 dams to enhance power generation and agriculture, as well as facilities for solar energy. He also said that institutions that would protect investment in the country, such as the National Electricity Regulatory Commission (NERC