The administration of President Muhammadu Buhari laments the low level of trade with Egypt while proclaiming that Nigeria is the best country on earth to invest and prosper.
Nura Rimi, the regime’s ambassador to Egypt, made specific mention of the low level of trade between the two nations and boasted that Nigeria was the only other country with whom to successfully conduct business.
“Any investor looking for a place to invest, build, thrive, innovate and succeed has no better place on earth to go than Nigeria,’’ he stressed. “It is heart-warming to note that under a public-private partnership arrangement, Nigeria recently opened the First Export Trade House in Egypt.”
According to Mr. Rimi, it will act as a hub for the distribution, presentation, and shipping of made-in-Nigeria goods throughout the rest of the world.
This was said by him during Cairo’s inaugural Nigeria-Egypt Trade Conference and Exhibition (NETCE).
The amount of economic activity between the two nations, according to Mr. Rimi, is generally modest.
The richness of natural resources and the young, entrepreneurial, and innovative populations, according to the Nigerian envoy, could lead to better commercial relations between the nations.
In order to strengthen economic links, improve the flow of capital, and increase wealth for the peoples of both nations, the envoy urged conference attendees to look into new business and trading prospects.
The envoy also noted that relations between Nigeria and Egypt are friendly and cordial, and there is close collaboration on issues related to security, defense, and education.
“The two countries also collaborate in regional and global affairs in the quest to promote international peace and security,’’ he said.