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    ECOWAS raises the alarm over rising terrorism in West Africa

    Nigeria tasks ECOWAS on innovative measures to tackle regional challenges

    Nigerians in U.S. urge FG to address religious persecution allegation

    Nigeria, U.S. deepen security, counterterrorism partnership

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    CREATIVE SECTOR: Strong tech-driven growth

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    Spotify streams fetch Nigerian artistes N60b in 2025

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    • Life
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    Nigeria: Tinubu approves N250b for construction of student hostels nationwide

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: FG approves $500m annual research fund to drive innovation

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    Nigeria adopts new frameworks to strengthen accountability, financing, governance, service delivery in health sector

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    Nigeria: Court sentences man to three years’ imprisonment in Lagos over N8b fraud

    Nigeria: Court stops NBC from punishing broadcasters for expressing opinions

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    Nigeria: Be wary of opposition elements trying to truncate democracy – Gov Sani 

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Nigeria, Cote D’Ivoire seek regional collaboration to boost productivity

by Worldstage News
December 10, 2023
in Economy
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WorldStage Newsonline– Nigeria and Cote D’Ivoire have made a case for all relevant stakeholders in West Africa to collaborate and explore all areas of partnership to optimize productivity.

Nigeria’s Minister of Foreign Affairs, Amb. Yusuf Tuggar represented by Amb. Bolaji Akinremi, Director, Economic Trade and Investment department (ETID) at a maiden round table with Cote D’Ivoire  on Saturday in Abujasaid it was imperative to harmonize all regulations that ECOWAS had been working  on to enhance productivity in the sub region.

The business round table and exhibition was organized by the Federal Government in partnership with the Organized Private Sector (OPS).

The minister said “We need to talk to ourselves, we also need to have synergy among ourselves.

“If we are going to have productivity, then we must harmonize all regulations.

“ECOWAS has been working on ETLs, but it’s really not working. We must make it to work.

“The Africa Continental Free Trade is here. Yet our industries are not keyed into it. We need to get Manufacturer Association of Nigeria (MAN) to be in tandem with NACCIMA

“We need to get the Ministry of Trade, and  Ministry of Foreign Affairs to work together in the area of investment and economic diplomacy.

“The Foreign ministry, Ministry of Industry and all other relevant ministries must work together to increase productivity,” he said.

He said Federal Government had to take a deliberate policy to train Nigerians in other foreign languages particularly because Nigeria was surrounded by different languages and could not afford to be on the average.

He said Nigeria needed to work on value addition with Cote D’Ivoire, particularly in the products like cashew and cocoa as both countries produce almost the same thing.

Mr. Abre Martin, Counselor Trade Economic Affairs, Embassy of Cote D’Ivoire, Nigeria, said his country was pleased to partner with various ministries in Nigeria to foster growth and development.

He said  that Cote D’Ivoire looked forward to doing more meaningful business and investment with Nigeria.

Mr Ezekwesili Nnam, Executive Director Trade, Abuja Chamber of Commerce and Industry said

the exhibition was to bring the biggest economy on the Anglophone and Francophone side to discuss and expand trade.

He said that through the meetings West African countries could forge a stronger trading negotiation and mediation protocol.

“So, take for instance, Cote D’Ivoire has a national refinery, Nigeria is a major oil producer, this synergy can lead to a lot of good for both countries.”

Dr. Nura Bello, Zonal Vice President, Nigeria Association of Small and Medium Enterprise (NASME) said Federal Government should create an enabling environment to ease trade among west African countries.

He said to achieve greater development, foreign investors as well as indigenous investors must invest in the local manufacturing sector

Some items displayed for the exhibition includes locally made fabrics , incense, tea, shoes and bags.

Hajiya Zarah Sambo an exhibitor said sales was slow but was optimistic of a greater outcome.

She said her products, different types of incense were made in Nigeria from raw materials to the finished products.

Mr Kabir Umar also displayed a multi purpose sorting and washing machine for agro products.

He said the machine was manufactured in Nigeria with locally made material and he was hoping on getting investors to enable him expand and develop.

Tags: Amb. Yusuf TuggarCote D’IvoireNigeria
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