Brazilian Trade and Investment Promotion Agency says Brazilian companies are prepared to renew transactions with Nigeria

Brazil Investment

The Brazilian Trade and Investment Promotion Agency (ApexBrasil) says it was convinced that there were currently new business opportunities for Brazilian companies in Nigeria.

The Agency’s Trade Supervisor, Diogo Akitaya, who led a delegation of 11 Brazilian companies to Lagos, said it was important for Nigeria and Brazil to renew their business ties.

Akitaya told newsmen in Lagos that more Brazilian companies and businesses were prepared to renew transactions with Nigeria, as it was in the 1980s and 1990s.

Akitaya said ApexBrasil and the Brazilian Ministry of Foreign Affairs had recently organized a Brazil  Nigeria Business Forum for Nigerians and Brazilians to realise the existing business opportunities between their two countries.

The Brazilian Government official said the Trade Mission was composed of construction, agricultural machinery, food and beverages, machines and agribusiness equipment, cosmetics, oil and gas, security and aerospace.

Akitaya also said that the Trade Mission was in Lagos State to build a new business link for Nigerians and Brazilians.

Nigeria and Brazil have a mutual passion for football, both nations have huge oil reserves, with Brazil as one of the world’s top ten producers, while Nigeria is also a top producer in Africa.