Lahore: As per the latest news, in order to improve bilateral trade between Pkistan and Nigeria, the High Commissioner of Nigeria Abioye Muhammed Bello has asked for the establishment of more banking channels.
On Monday, the Nigerian High Commissioner paid a visit to the Lahore Chambers of Commerce and Industry (LCCI) and discussed trade promotion between Pakistan and Nigeria.
The welcome address was given by LCCI President Mian Tariq Misbah, who was joined by Vice President Tahir Manzoor Chaudhry, Nigerian Counselor Oluwatoyin Orukpe, and Minister Mohammed Goni.
Joint ventures could be used to take advantage of trade and investment opportunities in the pharmaceuticals, information technology, construction, and textile industries, according to HC.
The HC stated, “The High Commission will work closely with the businessmen of both countries for joint planning. We must move forward to promote bilateral trade and economic relations. Awareness of trade and investment opportunities is very important. In addition, both of the countries should exchange lists of businessmen according to the sectors and both countries should take full advantage of each other’s best geography.”
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Misbah further informed the HC that the LCCI has established a standing committee named “Pakistan Africa Business Promotion,” and that through this forum, the LCCI hopes to build tight ties with the Nigerian Chambers of Commerce in order to establish formal business partnerships.