Non oil sector improvement on the economy, is the next move made by the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), by joining forces with the with Israeli businessmen and diversify its mono product economy to improve trade relations between the two countries.
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Speaking at the opening ceremony of a business meeting organised by NACCIMA in Lagos over the weekend, the National President of the Association, Chief Bassey Edem said the relationship between both countries has come of age and need to be improved upon.
In this partnership, Israel, which is reputed for hi-tech production in medicine, security wares and agriculture, is expected to transfer such technology and know-how to their Nigerian counterparts including entrepreneurs, farmers, manufacture other players in the to ensure that Africa’s largest economy experiences real economic diversification.
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The NACCIMA boss who was represented by his vice, Dele Oye, explained that the peculiar challenges of Nigerian business and investment environment like any other developing economies in the world have tremendously improved with numerous opportunities in agriculture, manufacturing, solid mineral, power and telecommunication.