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Nigeria-Brazil Business Summit takes off in Rio

By SIAKA MOMOH in Rio de Janeiro
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
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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