Tuesday, 13 August 2013

Nigeria-Brazil Business Summit takes off in Rio

The second Nigeria-Brazil Business Summit
2013 kicks off today Tuesday August 13, 2013
in Rio de Janeiro.
Participants drawn from across the country in
Nigeria started arriving Rio on Saturday, but most of them, including the President of the
Kaduna Chamber of Commerce, Shaddrack
Madlion, Opeyemi Agbaje, CEO RTC Advisory
Services Limited and newspaper columnist, and
several others, trooped in on Monday night.



Minister of Foreign Affairs, Amb. Olugbenga
Ashiru (l) with his Brazilian counterpart, Mr
Antonio De Aguierpatriota,during a bilateral
meeting in Brazil The event is being organised by Nigeria-Brazil
Centre for for Business, Culture and
Cooperation. The CEO of this chamber of
commerce, Mr Michael Olusegun Akinruli has
promised that Nigerian participants will have a
lot to take home from this year`s event. “This year´s theme: Nigeria:Dialogues for
Creating a Collective Platform for Business
Cooperation, is organized to create the
necessary platform for mutual investments
and sustainable bilateral economic relationship
between Brazilian and Nigerian business leaders and public officers,“ said Akinruli. The event is scheduled to hold from the
August 13 to 15, 2013. The Summit is a unique
opportunity to showcase the wide range of
Investment and Trade opportunities in Nigeria
and Brazil. It has been tailored to be a follow up
to the recent signing of several agreements between the Brazilian and Nigerian presidents.
The first edition of this Summit took place in
2011 in Belo Horizonte, Minas Gerais, Brazil. Brazilian and Nigerian governments are putting
in progressive efforts to better foster every
ties between both nations Economic, Political,
Education and Culture. This is evident in the
recent signing of Bilateral Agreements
between both countries covering areas such as Agriculture and Food Security, Petroleum,
Power, Bio-fuel, Mining, Culture and
Education,Trade and Investment and Aviation. The recent visit of the Brazilian President in
February, 2013 to Nigeria established a
mechanism of strategic dialogue between both
countries, and it is Brazil`s intention to boost
not only bilateral trade, but also partnerships in
the area of technology, science, and to strengthen and stimulate industrial
productivity. Akinruli explained: “Brazil also wants to
establish partnership in the area of electricity
given her ability in hydroelectric generation and
construction of transmission system. Brazil is
also considering new financing instruments,
investment in infrastructure and wants to expand the country presence in all areas of
development in Nigeria.“

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