NACCIMA Seeks To Expand Nigeria, Spain $4bn Trade Value

The national president of the Nigerian Association Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Dele Kelvin Oye, has called for deeper collaboration between Nigeria and Spain to expand the $4billion trade value between the two countries.

The NACCIMA boss said this during a courtesy visit to the Spanish Ambassador, Juan Sell, noting that Nigeria and Spain have enjoyed a long-standing relationship, spanning several decades, which has resulted in increased trade and investment opportunities between the two countries.

Oye said: “Let me begin by expressing my profound appreciation for the critical role Spain plays in the global socio-economic spectrum, especially regarding international trade.

“Our two nations have enjoyed a long-standing relationship, spanning several decades, which has resulted in increased trade and investment opportunities between our countries. The current trade between Nigeria and Spain is valued at over $ 4 billion, and there is still room for more growth and development in the future.

“As we look at the current trade agreements, I would like to call for a deeper collaboration between us, geared towards the expansion of trade opportunities building on the current MOU with the Spain Chamber of Commerce, Industry, Services and Navigation.”

He added that, “NACCIMA will continue to work with traders, entrepreneurs, and investors in order to provide the necessary support structure for Nigerian businesses looking to invest in Spain, and vice versa.”

Noting the unique contributions of Spain to the global economy, Oye noted that, beyond the economic benefits, Spain has made several unique contributions to the world, including boasting of some of the world’s most exquisite architectural designs, ranging from famous landmarks such as the Sagrada Familia in Barcelona, La Alhambra in Granada, and the Royal Palace of Madrid.

“These structures are not only notable for their beauty and grandeur, and producing numerous famous artists, including Pablo Picasso, Joan Miro, Salvador Dali, Francisco Goya, and Diego Velazquez. These artists have made unique contributions to the world of art, including Cubism and Surrealism, among others,” he pointed out.

According to him, these accomplishments are a testament to Spain’s diverse cultural heritage and contribution to the world, adding that,  “Nigeria, as a country, is unique for its diverse culture, languages, and traditions and home to more than 250 ethnic groups, with each having its own unique customs, cuisines, and festivals. The country is also unique for its natural resources, including oil, gas, coal, and agricultural produce.”

The NACCIMA boss also noted that Nigeria has made significant contributions to the world in various fields, including the music and movie industries, sports, literature and technology, among others.

He added that, “Nigeria has a growing technology industry, with startups in fintech, e-commerce, and mobile technology, making innovative contributions to the world of technology.”

Oye further noted, “I am confident that our partnership will continue to bring about a deeper level of interaction and cooperation between our countries and lead to the growth and success of our businesses.”