Friday, April 03, 2015

Nigeria-Brazil trade ties: Infoplus set to boost strategies

Infoplus an international business consulting firm based in Nigeria, has emphasized the need to boost affordable Information and Communications Technology (ICT), housing, agribusiness, retail franchising as well as renewable energy ties with Brazil, reports ITRealms.

Principal consultant, Infoplus, Mr. Ndudi Osakwe made this call in a recent seminar in Lagos, noted that it was high time for the two countries to explore their similarities in promoting trade and investment."Brazil is a country that faced what Nigeria is facing currently; they have edge in key areas where Nigeria can benefit, especially in the areas of affordable housing and agribusiness. They have the kind of less sophisticated system that Nigeria can adopt easily, we therefore see that Nigerians can tap into such business relationship," Osakwe said.

He further noted that they have identified areas that Nigeria stands to benefit from Brazil, through there similarly shared financial systems, which could be harnessed to promote the nation’s economy and deal with housing and unemployment which has challenged the country.

ITRealms gathered that in response, the minister of Industry, Trade and Investment  Dr. Olusegun Aganga promised to work together to enhance their bilateral trade volume.

Daniel Nsolibe/GEE

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