You are here: HomeNews2021 01 22Article 409720

Business News of Friday, 22 January 2021

Source: www.mynigeria.com

Nigeria confident of improved bilateral business under Biden - NACC

File photo: President Muhammadu Buhari, with President Joe Biden File photo: President Muhammadu Buhari, with President Joe Biden

The Nigerian–American Chamber Of Commerce (NACC) has stated that Nigeria counties to be optimistic about enjoying bilateral business relationship from the Joe-Biden led US administration.

Olusola Obadimu, the Director-General of the Chamber, revealed this during a telephone chat yesterday, January 21, 2020. 

According to Obadimu, America already has a window of preferential treatment open to exporters in several African countries, Nigeria inclusive, to encourage exports of non-oil and agricultural products into the United States under the AGOA Act, noting that programmes between the two countries are in the pipeline to better a lot of business people under NACC purview. 

“We have always had American envoys that are passionate about Nigeria, its development, people and even culture. All these have contributed positively to the good bilateral relations we have always enjoyed with the United States over the years. We will expect Nigeria to continue enjoying this warm relation under the tenure of President Joe Biden," he said. 

Obadimu added that Competitive Price and quality of goods and services are indispensable of Nigeria would explore the advantage of African Continental Free Trade Area (AFCFTA). He continued, “Nigeria can only take advantage of AFCFTA if our goods and services are available on a competitive note, both on quality and price.