Joe Biden Appoints Nigerian-born Enoh As Head, US Trade, Development Agency

'Dotun Akintomide
Writer
Joe Biden Appoints Nigerian-born Enoh As Head, US Trade, Development Agency

Ad

Central Banks Now Hold More Gold Than U.S. Treasuries

Key Takeaways For the first time since 1996, foreign central banks’ gold reserves have overtaken their U.S. Treasury holdings. Persistent gold buying and rising U.S. debt risks are reshaping reserve composition toward hard assets. Central banks have crossed a symbolic line: their combined gold reserves now exceed their U.S. Treasury holdings for the first time…

Alleged Christian Genocide: Nigerian Lawmakers Slam US Bill, Call It A “Malicious lie”

By Abiola Olawale The House of Representatives on Wednesday condemned a United States congressional bill accusing Nigerian officials of allegedly enabling "systematic" religious killings, particularly against Christians. Lawmakers branded the legislation a "gross misrepresentation" of the country's security woes, insisting that violence stems from terrorism and banditry, not state-sponsored persecution. This position comes in response…

Alleged ₦4bn Fraud: Drama as Kano Anti-Graft Agency Moves to Probe Ganduje’s Govt

By Abiola Olawale The Kano State Public Complaints and Anti-Corruption Commission (PCACC) has launched an investigation into an alleged diversion of over ₦4 billion in public funds during the tenure of former Governor Abdullahi Umar Ganduje. The New Diplomat reports that the probe is said to be centered on the Dala Inland Dry Port project.…

Ad

From Akanimo Kufre (The New Diplomat’s A/Ibom|C/River Correspondent)

President Joe Biden has appointed Nigerian-born, Enoh T. Ebong 2021 as the Acting Director of the U.S. Trade and Development Agency (USTDA).

Her appointment on Tuesday meant a return to USTDA where from 2004 to 2019, Ms. Ebong had served in a variety of roles, most recently as the Agency’s General Counsel, and Deputy Director and Chief Operating Officer.

Ms. Ebong, from her name has cultural ties to Akwa Ibom state in Nigeria. He will lead an agency that partners with the U.S. private sector to develop sustainable infrastructure and foster economic growth in emerging economies, while supporting U.S. jobs through the export of U.S. goods and services.

“It is an honor to return to USTDA. The opportunity to lead the Agency comes at a critical moment when the world is turning to the United States for leadership on clean energy and climate-smart infrastructure, as well as safe and secure ICT solutions,” said Ms.

Ebong during her swearing-in ceremony said: “The Agency is one of the most effective, targeted and proven tools within the U.S. government. I’ve long believed in USTDA’s mission and program, which are fully aligned with the President’s vision of strengthening our economy and addressing climate as an essential component of American foreign policy and national security.”

Prior to her return to USTDA, Ebong had served as the Head of Strategic Partnerships at the Milken Center for Advancing the American Dream, where she drove the development of strategic partnerships to expand access to education, health, financial empowerment and entrepreneurship.

Before joining USTDA in 2004, Ebong practiced law at the Boston office of Mintz, Levin, Cohn, Ferris and Popeo, P.C., representing public and private companies in public offerings, financing transactions, mergers and acquisitions, and corporate governance issues.

Ebong earned a Juris Doctor from the University of Michigan Law School, a Master of Arts in Communication from the Annenberg School for Communication at the University of Pennsylvania, and a Master of Arts in History, with Honors, from the University of Edinburgh, Scotland. She is a member of the Commonwealth of Massachusetts Bar.

The U.S. Trade and Development Agency helps companies create U.S. jobs through the export of U.S. goods and services for priority development projects in emerging economies. USTDA links U.S. businesses to export opportunities by funding project preparation and partnership building activities that develop sustainable infrastructure and foster economic growth in partner countries.

Some of the recent projects associated with the USTDA in Nigeria includes, Abuja Thermal Power Station development. In February 2020, the United States Trade and Development Agency (USTDA), donated US$1.16 million towards the development of this power station. Abuja Thermal Power Station is a planned 1,350 MW natural gas-fired thermal power plant in Nigeria. It is planned as an IPP project.

Also in Lagos University Teaching Hospital investments, USTDA was involved in the process of improving the Cancer treatment Centre as well as West Africa Regional Rail Integration proposal to connect up isolated railway networks in West Africa. In 2009, USTDA approved funding of $750,000 for a feasibility study grant to assist the rail development in the region.

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp