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Envoy unveils Nigeria’s investment opportunities in Belgium

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Envoy unveils Nigeria’s investment opportunities in Belgium

Nigerian Ambassador to Belgium, Obinna Onowu ( middle) with members of Belgium Luxemburg Nigeria Chamber of Commerce and the business community after the “Ambassador Meet and Greet” programme in Brussels at the weekend.
PHOTO CREDIT: Royal News

Nigerian Ambassador to Belgium, Obinna C. Onowu at the weekend unveiled Nigeria’s investment opportunities in Brussels, the country’s capital city.

Onowu who hosted members of Belgium Luxemburg Nigeria Chamber of Commerce, BLNCC, at an event tagged “Ambassador Meet and Greet”, said Nigeria is not only a major investment hub, but the largest economy in Africa, explaining that it’s “a country that had just crawled out of recession last year, in the first quarter of this year recorded 0.5% growth in its GDP and 5.01% in the second quarter.”

The envoy, in a statement made available to our correspondent in Abuja, disclosed that the impressive record is a huge plus to Nigeria’s economy, particularly with the 5.01% growth recorded in the second quarter, 92% of which was from the non-oil sector.

According to him, the federal government has done so much to diversify the economy which has opened up investment opportunities for foreign investors.

“The present administration has worked tirelessly to diversify the economy beyond oil by creating opportunities for investment in the non-oil sector, especially in the areas of agriculture, ICT, health, manufacturing, construction and other sectors with positive results,” he stressed.
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Ambassador Onowu, however, added that just like other countries, Nigeria has its own share of challenges, noting that some of the challenges are potential business opportunities for would-be investors.

He, therefore, called on investors in Belgium and Luxemburg to see Nigeria as their investment destination.

In his remarks, the chairman of BLNCC, Chris Amssoms, disclosed that Nigeria’s economy is the most important on the African continent, stressing that it was an honour to introduce Ambassador Onowu to the business community in Belgium.

According to BLNCC, the objectives of the “Ambassador Meet and Greet”, are to
“Identify businesses with interests in Nigeria and avail them a convivial environment to meet with the new-trade friendly Ambassador, his Trade Advisors and other senior members of his team, identify business potentials and prospects for Nigeria in the priority sectors of the Ambassador and activate an interface between them, and the Ambassador’s trade team, and create opportunities for the Ambassador to directly address the business community collectively on business opportunities in Nigeria and open a line of communication as precursor for possible one-on-one session.”

The statement further informed that the event, which was organized by the BLNCC in collaboration with Nigerian Embassy in Belgium brought together the crème de la crème in the Belgian and Luxembourg business world.

It afforded the Ambassador the opportunity to interact with the business tycoons and let them know the untapped business opportunities in Nigeria.

Photo caption: Nigerian Ambassador to Belgium, Obinna Onowu ( middle) with members of Belgium Luxemburg Nigeria Chamber of Commerce and the business community after the “Ambassador Meet and Greet” programme in Brussels at the weekend.

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