Nigerian chamber urges Chinese investors to expand activities
By the AFREEQUE newsroom, based on Punch
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture is calling on Chinese investors to expand their activities and partnerships in Nigeria. Its president Jani Ibrahim made the appeal at a forum in Guangzhou, on the sidelines of the 140th Canton Fair, reports Punch.
Jani Ibrahim, national president of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), has called on Chinese investors to expand their activities in Nigeria and form more partnerships with companies in the country. He was speaking on Monday in Guangzhou, China, at NACCIMA’s third business and investment forum, reports Punch.
The forum brought together Chinese investors and business leaders from the agribusiness, mining and mineral processing, pharmaceutical, automotive, renewable energy and manufacturing sectors. Public-sector officials and Nigerian companies presented projects and investment proposals to the Chinese delegation, according to a statement cited by Punch.
Jani Ibrahim also highlighted a Nigerian market of more than 200 million people, extended to around 1.3 billion through the African Continental Free Trade Area. He called for investment in energy, minerals, agriculture, digital services and healthcare, assuring that NACCIMA would provide guidance and facilitation services.
The meeting was organised with the China Chamber of International Commerce, the Consulate General of Nigeria in Guangzhou, the China Council for the Promotion of International Trade and Window of Canton, on the sidelines of the 140th Canton Fair. It was notably intended to examine the opening of new factories, job creation and increased trade between Lagos and Guangzhou, according to comments by Jani Ibrahim reported by Punch.
