Don't Miss


Home   >   Business   >   Industries   >   Economy   >   Poland to improve on existing $100m trade volume in Nigeria

Poland to improve on existing $100m trade volume in Nigeria

By on September 20, 2014

The Polish Deputy Minister for Economy, Andrzej Dycha, has lamented the current $100 million trade volume between his country and Nigeria in 2013 with a promise to improve on it this year and beyond.

He made the promise in Abuja during his visit to the Minister of State for Industry, Trade and Investment, Dr. Samuel Ortom, in his office.

Some of the areas where Poland will increase her trade volume, Dycha, who was accompanied by the Polish Ambassador to Nigeria, Mr. Przemyslaw Niesiolowsla and Polish businessmen explained, are energy, oil and gas, agriculture, shipping among others.

According to him, “I am in Nigeria to seek ways of improving Polish trade volume with the country. Regrettably, we were able to secure just $100 million trade volume with Nigeria last year, but we are doing everything possible to improve on it, and that is why we are here to seek ways to improve on the trade volume.

“Already, some Polish businessmen have started doing business in the country, and we are going to invest in energy, oil and gas, agriculture, shipping and other areas of business interest.”
The Polish trade minister, who said it was his first time to visit Nigeria, noted that there was need for the two countries to share bilateral agreement for a stronger business relationship.

To this end, Dycha said Export Promotion Agreement (EPA’s) negotiation has been concluded adding that Nigeria is a key partner to Polish business.

In his welcome address, Ortom said the earlier visit of Polish President to the country had tightened business relationship between the two countries.
He stated further that Nigeria, being the biggest country with the largest population in Africa, is the fastest growing economy in the continent and therefore the country to invest in.
While insisting that bilateral agreement is key to business development, Ortom said with the expansion of Polish business activities in Nigeria, more jobs would be created, thereby fighting the problem of hunger, anger, and insecurity in the country.

 

[This Day]