NICCI to boost Nigeria, Indonesia bilateral trade by $1bn

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  • Mobilises delegation for Bali 2018 Forum

“Indonesia has been trading with Nigeria since 1965. Our trade volume for 2017 is about $2.5 billion. We as a chamber want to increase this trade volume by one billion dollars to $3.5 billion by end of 2018.”

That was Ishmael Balogun, CEO Goldmine Global Services Limited and President Nigerian-Indonesian Chamber of Commerce and Industry (NICCI).

In a chat with Nigerian journalists in Lagos on the upcoming Inaugural Indonesian-African Forum Bali 2018, he said:

“The Indonesian Chamber of Commerce and Industry in collaboration with the Indonesian ministry of foreign affairs will host the Indonesia- African Forum in Bali from April 10-11 2018.”

According to him, the forum seeks to provide space for dialogue between African and Indonesian businesses with several agreements (MOU, Joint Ventures, Special Purpose Vehicles and Foreign Direct Investments) expected to be signed.

“We are out to heighten business relations between Nigeria and Indonesia by organizing several trade shows between Nigeria and Indonesia, increased sensitisation of business opportunities between the two countries, facilitation of business courses, policy dialogue with government agencies, lobbying, promotion of culture and tourism and much more,” he said.

He further disclosed that the Nigerian-Indonesian Chamber of Commerce and Industry formation is well underway.

“When fully operative, members would be able to gain access to business opportunities and information,” he said.

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