Nigeria-Bel­gium trade vol­ume hits N64bn

Daily Trust - - NEWS - By Isi­aka Wak­ili

Nige­rian Am­bas­sador to Bel­gium Felix Awan­bor said the trade vol­ume of Nigeria with his host coun­try is now €300 mil­lion (N64­bil­lion).

He said this, Satur­day, while ad­dress­ing jour­nal­ists on the side­lines of the just con­cluded Fourth Euro­pean Union-Africa Sum­mit in Brussels.

The en­voy dis­closed that 28 Bel­gian com­pa­nies were al­ready ac­tive in Nigeria, many of which, he added were into con­struc­tion.

He said: “On the aver­age, go­ing by the last fig­ure we gath­ered from the depart­ment of their own sta­tis­tics here, our trade vol­ume is close to about €300 mil­lion. That’s in­signif­i­cant; it’s a kind of a re­versed sit­u­a­tion that we’re try­ing to en­cour­age. The trad­ing is im­por­tant, no doubt about that, but we’re more in­ter­ested in them go­ing to in­vest their cap­i­tal in Nigeria.”

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