NACC pledges to take advantage of friendlier US administration

The Nigerian-American Chamber of Commerce has expressed its confidence that the United States President Joe Biden’s administration would be more promising for Nigeria and the US trade relations.

The Vice President and Chairman of the 60th Anniversary Committee, NACC, Ehi Braimah, gave the assurance during a recent press conference in Lagos, adding that the first few steps taken by Biden has been a warm embrace for Nigerians and Nigeria, specifically the appointment of three Nigerians into prominent positions in his administration.

Braimah also gave the assurance that the chamber was looking out for and would take advantages of the opportunities under the US administration, some of which he believed would come through inward and outward trade missions between the two countries.

Vice President NACC said, “l believe opportunities are here under a friendlier administration. So, the best we can do is to take advantage of the friendlier climate.

“The future is still bright inspite of the global economic recession that was imposed upon us by the COVID-19 pandemic.

“We are hopeful that working with our partners in Nigeria and the US, we can get a lot of things going and will have salutary effect on the economy.”

On his part, the NACC President, Toyin Akomolafe, declared that the chamber would advocate for the African Growth and Opportunity Act, an initiative of the US Government to open up a preferential window of export opportunities to selected countries in Africa, is inclusive of Nigeria.

The NACC President,  added that NACC would also continue business-to-business engagements through events and inward and outward missions.

He revealed that plans were in the works to also build the chamber’s national secretariat in Lagos.

The Chairman, Programmes Committee, Adebola Williams, stated that the act would run its course in five years time and that the chamber would work to maximise the opportunity between now and then.

“Unfortunately for us in Nigeria, we started slightly late, but from what we’re seeing now and with the chamber’s contribution, we are trying as much as possible to ensure that a lot of our members, especially small and medium-sized enterprises get involved,” Williams said.