Former President Olusegun Obasanjo and ex-Senate President Bukola Saraki have advocated stronger trade ties between Nigeria and Angola, emphasising the need for an improved economic partnership between the two Africa leading oil producers. The former President emphasised the necessity for a significant boost in trade ties between the two nations, highlighting the inadequacy of the existing relationship. The session, aimed at fostering collaboration, focused on unlocking the untapped potential for economic cooperation between Nigeria and Angola. Obasanjo said, “Sadly, there is no Foreign Direct Investment between Nigeria and Angola. Speaking on the efforts to address trade barriers and streamline visa processes, the President of the Angola-Nigeria Business Council, Fifi Ejindu, called for a positive step toward fostering smoother trade ties between Nigeria and Angola.

Source: Punch February 06, 2024 13:10 UTC