Tuesday, December 17, 2019

Nigeria Korea Bilateral Trade


The Executive Director, Trade Nigeria, Hon Nwabueze Buchi,George, this morning briefed the press on the commitment to further strengthen Nigeria – Korea bilateral trade“Nigeria has been one of the most important friends of Korea in the African continent. In 2011, bilateral trade volume between the two countries exceeded 3 million US dollars, making it the second largest trading partner for Korea in Africa. Many of Korea’s top enterprises operate in Nigeria, including various sectors as trade, power and energy”. He further disclosed that “the Nigeria – Korea Joint Trade Mission and Business Delegation of Industries, Investment and Commerce to Asia -January, 20th – 25th 2020 organized by Trade Nigeria has been channeled to promote this relationship”. 

Friday, November 29, 2019

Update: 2019/2020 Nigeria - Korea Joint Trade Mission and Business Delegation, of Industries, Investment and Commerce.


In an Interactive section with the Executive Chairman, Trade Nigeria, Hon. Nwabueze Buchi George Esq, held on 28th November, 2019 with Journalist at the Trade Nigeria Secretariat. The Chairman disclosed that “the event Nigeria – Korea Joint Trade Mission schedule for 20th – 25th January will feature lots of notable speakers, Trade Experts, Entrepreneurs, Leaders from across the globe”.

Thursday, November 28, 2019

The Nigeria Economy

The economy of Nigeria grew 1.8 percent year-on-year in the third quarter of 2018, up from a 1.5 percent expansion in the prior period, as non-oil rose faster and oil sector shrank less. On a quarterly basis, the economy advanced 9.5 percent, higher than a 2.9 percent growth in the previous quarter.

The South Korean Economy


South Korea GDP (PPP): $2.02 trillion. The South Korean economy, known for conglomerates is the 11th largest economy in the world with a nominal GDP of $1.53 trillion

Wednesday, November 27, 2019

UPDATE: Nigeria Asia Joint Trade Mission and Business Delegation 2019/2020

Trade Nigeria has revealed that Nigerian top business owners Aliko Dangote, Femi Otedola and Tony Elumelu will be speakers at the Nigeria - Korea Economic Forum scheduled for December 2019.
The event previously scheduled for December 5 to 12, 2019, will take place from December 20 to 25, 2019, adding that the change of date is to ensure that the goals of the event are achieved.
The Chief Executive Officer of Trade Nigeria, Hon. Nwabueze Buchi George said the change was made by the Minister of Industry, Trade and Investment, Otunba Niyi Adebayo to put strategies in place for “the event geared towards bringing more investment to the country”
Buchi George said, “The change of date has made the event bigger and better. We are really sorry for the inconveniences this would cause, we believe it is all for the best.
“We now have Africa’s foremost investors of Nigerian extraction Aliko Dangote, Tony Elumelu and Femi Otedola as speakers at the event and they will speak of the quality we are looking at and we really appreciate every great efforts made by the Honorable Minister of Industry, Trade and Investment; Office of The Secretary to the Government of the Federation Abuja and Korea Trade-Investment Promotion Agency (KOTRA)”
“It has been a long journey and we hope to bring something back home for the country at the end of the day”
Nigeria - Korea Economic Forum is geared at boosting trade relationship between both countries, it is part of the Nigeria – Asia Business and Economic Forum with more coming up in 2020 in other countries.
Other parts of the Nigeria – Asia Business and Economic Forum series are schedule for: China – February 17 to 28, 2020; Japan – April 23 to 30, 2020; Vietnam - June 25 – 30, 2020 and Taiwan – July 26 to 29, 2020

Tuesday, November 26, 2019

ECONOMIC GROWTH THROUGH DIVERSIFICATION AND INDUSTRIALIZATION


Nigeria can achieve competence-building growth, industrialization and diversification. Trade Nigeria Executive Chairman, Hon. Nwabueze Buchi George in he’s speech during the last executive meeting held in Abuja disclosed that capital investment promotes Sustainable Economic Growth and Industrialization. He also said the organization has put in place strategies to change how rural communities think about economic development by helping them leverage their strongest asset.
The meeting also deliberated on the organization 2020 projects and reviewed the performance of the organization so far.
Those at the meeting include Board of Directors, Management Team and other Stake holders.

Trade with Nigeria


Trade Nigeria, A Public Private Joint Partnership with Government on International Trade. The organization, as an Organized Private Sector, Focus on Foreign Direct Investment (FDI), through G2G/B2B/B2C, Project Development, Build Own Operate and Transfer (BOOT), Build Own Operate (BOO), Supporting Business Development, Investment, Trade Promotion, Economic Exchange and Multilateral Cooperation’s with major Aim on Growing Nigeria Rural Economy and Turning the population into a production Nation.

Stakeholders Meeting/Preparatory Meeting for Exhibition and Export of the Nigerian Made Goods, Product and Services (GPS) 2022

The Executive Director Trade Nigeria (Hon. Nwabueze buchi George) in a stakeholders meeting at the Ministry of Mines and Steel Development, ...