Home » Canadian business leaders successfully complete trade and investment mission to Nigeria

Canadian business leaders successfully complete trade and investment mission to Nigeria

by Rex Daniel

Lagos, NigeriaA delegation of Canadian business leaders has just completed a successful trade and investment mission to Nigeria, Africa’s most populous country.

The mission was the first official visit of the Business Council of Canada (BCC) to Nigeria. The delegation included Victor Dodig, President and CEO of CIBC and Chair of the BCC, BCC President and CEO Goldy Hyder, and BCC members from Cameco Corporation, OMERS, GardaWorld and Mattamy Asset Management Inc. They met with representatives from Nigeria’s public and private sectors.

“As Canada seeks to diversify trade and investment, Africa presents an important opportunity given its growth potential,” said Mr. Dodig. “Canada’s expertise in renewable energy, critical minerals, infrastructure and finance make us natural partners as Nigeria looks for further opportunities to increase the prosperity of its citizens.”

This mission comes more than four years after the release of the BCC. Why Africa?which cites Nigeria as one of the three countries with the highest expansion of Canadian trade and investment. The report also called on the federal government to develop a comprehensive economic and development strategy for Africa.

“Almost three years ago, the Government committed to developing a strategy for economic cooperation with Africa. We urge the Government to fulfil this commitment and encourage both countries to work together to develop a bilateral investment agreement to create greater certainty and strengthen our economic relations,” said Mr Hyder.

Members of the CEO Delegation meet with the Honourable Minister of Finance and Coordinating Minister for Economic Affairs, Mr. Wale Edun (18 June 2024)

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