Bangladesh and Nigeria Pursue Bilateral Relations on Agriculture

Nov 14, 2019 · 2m 19s
Bangladesh and Nigeria Pursue Bilateral Relations on Agriculture
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The Bangladesh High Commissioner to Nigeria, Mr. Shameen Ahsan, has disclosed that his country will soon sign an agreement with Nigeria, in the area of agriculture. Speaking at a Nigeria-Bangladesh...

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The Bangladesh High Commissioner to Nigeria, Mr. Shameen Ahsan, has disclosed that his country will soon sign an agreement with Nigeria, in the area of agriculture. Speaking at a Nigeria-Bangladesh Business Forum, held in Lagos, recently, he said it was important to create a better link to foster commercial activities between the two countries. According to him; "It is very important to interact with members of the civil society to further create a better understanding between the two countries and dispel misconceptions, while I try to make the country familiar in front of the Nigerians audience," he noted. In his speech, the President, Lagos Chamber of Commerce & Industry (LCCI), Mr. Babatunde Ruwase, said both nations have expressed mutual interest to expand bilateral relations overtime. "The Bangladesh Tariff Commission in 2014 prepared a feasibility study for the benefits of signing a preferential trade agreement with African states and recommended that Nigeria along with Mali was the most promising country for signing such agreements."However, while export-led policies have helped Bangladesh rank among the world's fastest-growing economy with some eight percent annual expansion rate, Nigeria is keen to boost economic growth which is stuck at some two percent by attracting private capital into the non-oil sector." The President, Nigerian-Bangladesh Chambers of Commerce, Retired Capt. Usman Hamidu, represented by the Vice-President, Ltd. Commodore Jerome Jatau advised the Nigerian business community to take advantage of the huge opportunities the association offers to increase the trade volume which was at about $1.39 billion in 2018, according to the United Nations.
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Author Africa Business Radio
Organization Africa Business Radio
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