“Already we have businesses over €4 billion in bilateral trades between Nigeria and France in 2018 and Nigeria is France’s leading business partner in sub Saharan Africa. So, there is already a good relationship in terms of economy and trade between the two countries, but this needs to be taken further.”
The Nigerian Ambassador to France, Ambassador Modupe Irele, revealed this in Abuja during the Nigerian-France Business and Investment Forum, which she said was an initiative that began in Paris, France to promote business between France and Nigeria.
She stressed that Nigeria established diplomatic relations with France on October 1st, 1960 and already over 120 active businesses in Nigeria like Air France, CFAO, Peugeot among others.
“What we had noted in France was that there are a lot of interest in Nigeria but it remained at interest, we wanted to bring them to Nigeria, to bring a few of the companies who had shown interest in Nigeria so that they can move from talk to action.”
She stressed that the investment forum was made up of various sectors because all companies in all sectors must at some point or the other interact with various regulatory bodies, policy bodies and they also need to have good partners in the country.
Some of the French companies that are participating in the business forum were drawn from sectors like; Petroleum sector, Pharmaceutical sector, Mechanical sector, Electronics, ICT, Agriculture, Medical, among others.