The Nigerian-Arabian Gulf Chamber of Commerce (NAGCC) has signed a Memorandum of Understanding, with the Nigerian Federal Ministry of Industry, Trade and Investment; to showcase the huge investment and trade opportunities in Nigeria, to visiting dignitaries and business people from the entire world, at the Expo 2020, to be hosted in Dubai.
To mark this development, His Excellency Mohammed Dansanta Rimi, the Ambassador of Nigeria to the UAE and Commissioner General for Nigeria, paid a courtesy visit to Mr. Mahmood Ahmadu, the President of the NAGCC, to congratulate him on the signing of the MoU. Mr Ahmadu, a Dubai based entrepreneur with global business interests, is a noted philanthropist, who has been lauded by several international bodies and forums - including FORBES and EUROKNOWLEDGE – for his investment in development activities in Nigeria, and other African nations.
NAGCC and the Nigerian Federal Ministry of Industry, Trade and Investment will collaborate to showcase the trade and FDI opportunities that Nigeria presents, at the rescheduled Expo 2020 event. The partnership aims to harness the platform of Expo 2020 to showcase trade, commerce and investment opportunities between Nigeria, the GCC and the rest of the world. In line with this objective, the NAGCC will also host Investment Forums inside and outside the Expo during the 6 months of the Expo’s tenure, for the global business community, representatives of governments from around the world and other visiting dignitaries.
“The eyes of the entire world will be on the upcoming Expo 2020", says Mr. Mahomood Ahmadu. "It will be a unique global platform, for Nigeria, and the Nigerian business community, to showcase the strengths, potential and opportunities within Nigeria - one of the largest and most dynamic economies in Africa, and at the same time, the event will also draw attention to infrastructure and asset gaps in Nigeria that can benefit from an increased influx of FDI, while also presenting a mutually beneficial growth opportunity for international investors”.
"I'm humbled to have been given the responsibility by the Federal Government of Nigeria, to showcase Nigerian innovation and industry, as well as boost trade and FDI into the nation, using the unique opportunity that Expo 2020 presents", Mr. Ahmadu concluded. "The Expo has the potential to attract huge investments, lead to important agreements, and promote international cooperation and drive trade and investment. I was deeply touched and honoured by the visit by His Excellency Mohammed Dansanta Rimi; his guidance will be critical in ensuring the success of the cooperation between the NAGCC and the Ministry of Industry, Trade and Investment, to present the robust investment opportunities in Nigeria to the world”.