The Federal Government has announced plans to redirect its focus, strategies and policies from exporting raw materials to finished goods to boost the country’s economic base.

The Minister for Trade and Investment, Olusegun Aganga made the announcement at the 7th Nigeria-US trade and investment framework agreement council meeting in Abuja.

The Minister emphasized that Nigeria needs long term foreign investments in critical sectors to reduce challenges of poverty and unemployment, adding that genuine investors can now acquire visas within ten days.

The assistant United States trade representative, Florizella Liser however pledged the commitment of the US while announcing a $20 million assistance towards the development of various value chain projects in the country.