NACCIMA Commends NIBC Nigeria’s Pivotal Role In Nigeria-India Business Summit

On January 23, 2023, the corridors of the prestigious Transcorp Hilton in Abuja were abuzz with a historic gathering of economic visionaries and political leaders for the Nigeria-India Business Summit, which served as a momentous occasion that underscored the growing strategic partnership between two of the world’s most dynamic economies: Nigeria and India.

A statement issued by Dele Kelvin Oye, Esq; National President, Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) noted that at the heart of this grand convergence was the Nigerian India Business Council (NIBC) Nigeria, under the visionary leadership of Sir Emeka Offor. NIBC Nigeria showcased remarkable prowess in orchestrating what has been lauded as the most significant business summit in collaboration with the Nigeria India Business Council, India and the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), with the Confederation of Indian Industry (CII) in attendance.

The summit, the statement said, served as a testament to the potential of Nigeria’s private sector as a catalyst for economic diversification and growth, with NACCIMA playing its role as the apex chamber commendably, adding that the presence of the National President of NACCIMA, Mr. Dele Kelvin Oye, alongside prominent business figures such as Hajia Bola Shagaya, Dr. Kamoru Yusuf (Kam Steel) and James Uduji (Comestar) highlighted the collective resolve of Nigeria’s captains of industry to foster bilateral ties.

It highlighted the attendance of top-tier government officials from various Nigerian states, including the chairman Northern Governors forum, Governor of Gombe State Alh Yahaya Inuwa, Governor of Nassarawa State and King of Lithium Engr. Abdulahi A. Sule, Niger State Governor, Alh Mohammed Umar Bago, and Katsina State Deputy Governor, Alh Farouk Lawal Jobe, which spoke volumes of the political support for such initiatives.

It added that they were joined by the Honorable Minister of Industry, Trade, and Investment, Dr. Doris Uzoka-Anite, and her colleagues, Honorable Minister of Steel, Alh Shuaibu Abubarkar Audu, Honorable Minister of Marine and Blue Economy, His Excellency Adegboyega Oyetola, Honorable Minister of Budget and Economic Planning, Alh. Atiku Bagudu and the Honorable Minister of foreign Affairs represented by Ambassador Akinremi Bolaji, overseeing pivotal sectors, thereby demonstrating the government’s commitment to nurturing an enabling environment for business and investment.

It hinted that the India’s representation by the Honorable Minister of Foreign Affairs, Dr S. Jaishankar, signified the high level of importance attached to this partnership by both nations, with business leaders like Rekha Sharma of NIBC India and Mr. Khurshed Daruvala of the CII leading the charge from the Indian side.

The summit, according to the NACCIMA president, was not only a platform for high-level dialogue but also a beacon of the tangible advancements that can be achieved through international cooperation, noting that the discussions that took place have set the stage for breakthroughs in trade, investment, and economic development.

“Under Sir Emeka Offor’s sterling leadership, NIBC Nigeria has demonstrated its capability as a formidable conduit for fostering international business relationships. The council’s effective facilitation of the summit has propelled it to the forefront of Nigeria’s international business engagement, earning it due recognition as an influential force in shaping the country’s economic landscape.

“As we reflect on the success of the Nigeria-India Business Summit, it is evident that the collaborative spirit embodied by NIBC Nigeria and NACCIMA is a powerful catalyst for progress. The partnerships forged and the initiatives set in motion during this summit are poised to usher in a new era of prosperity for both Nigeria and India, built on the solid foundation of mutual respect, understanding, and shared ambition,” Oye emphasized.

The National President NACCIMA posited that the Nigeria-India Business Summit at Transcorp Hilton Abuja has not only set a benchmark for future international economic forums but has also showcased the indispensable role that organizations like NIBC Nigeria and NACCIMA play in driving Nigeria’s economic diplomacy.

“The summit stands as a beacon of hope for a future where collaborative efforts translate into shared success and development for all parties involved,” Oye added.