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Over 30 Belgian investors visit Nigeria in October

Nigeria’s Ambassador to Belgium, Mr. Obinna Onowu (middle) with the Board members of the Belgium, Luxembourg, Nigeria Chamber of Commerce at the Embassy of Nigeria , Brussels…Wednesday

By Sunday Oyinloye

Ahead of the forthcoming Belgian Trade Mission to Nigeria from 16th to 21st October 2022 in Abuja and Lagos, the Ambassador of the Federal Republic of Nigeria to the kingdom of Belgium,  Mr Obinna Onowu has held a meeting with Board members of the Belgium,  Luxembourg,  Nigeria Chamber of Commerce led by Mr Chris Amsson, the Chief executive officer of TDM Motors,  Mr Nico van Dongen, representatives of Ebury , a fintech company exploring the possibility of investing in Nigeria, and other businesses.

The meeting held at the Embassy of Nigeria in Brussels discussed  the Trade Mission and  envisaged that over 30 Belgian companies will visit Nigeria  to hold meetings with Nigerian partners in addition to sessions with government officials.

The main organiser of the Trade Mission is Flanders Investment and Trade (FIT). Flanders is one of the regions in Belgium.

Ambassador Onowu discussing with the CEO TDM Motors, Nico van Dongen

The Belgium,  Luxembourg,  Nigeria Chamber of Commerce is Embassy’s partner, and is participating in the mission

It would be recalled that Ambassador Onowu had in September, 2021 hosted members of Belgium Luxemburg Nigeria Chamber of Commerce (BLNCC) at an event tagged “Ambassador meet and Greet” where he said Nigeria is not only a major investment hub in Africa, but the largest economy in Africa . Onowu described as impressive the 5.01% growth recorded in the second quarter of 2021, 92% of which was from the non-oil sector.

According to him “the present administration has worked tirelessly to diversify the economy beyond oil by creating opportunities for investment in the non-oil sector especially in the areas of agriculture, ICT, health, manufacturing, construction and other sectors with positive results. Investors in Belgium and Luxemburg should see Nigeria as their destination”

Onowu with Manager Ebury, Maxime

Also while  presenting  his Letters of Credence to Grand  Duke  Henri, Grand Duke of Luxembourg in October last year, Ambassador Onowu stressed the need to deepen bilateral relations between Nigeria and Luxembourg, especially in the areas of Trade, Education, Health amongst others.

According to the 1st Quarter 2022 report of the National Bureau of Statistics, Belgium is a strategic trade partner of Nigeria and ranks among the top five countries of import.

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