Business
ACCIMA, Thailand To Partner On Trade Investments
The Aba Chamber of Commerce, Industry, Mines and Agriculture (ACCIMA), has proposed a Memorandum of Understanding (MoU) on trade and investment with Thailand.
The Commercial Councilor, Royal Thai Embassy Mr Boon Intiratana made this known in Aba weekend on Saturday during an embassy lecture series organised by ACCIMA.
According to him, the MoU was aimed at promoting agriculture, tourism and agro processing.
Intiratana, who was the guest lecturer at this year’s edition of the lecture, stated that the Thai government wanted to partner the chamber in agriculture and agro allied processing.
He said that Nigeria had potential to become one of the biggest exporters of cassava if the sector was well developed.
According to him, Nigeria is the biggest producer of cassava in the world with 44 million tonnes annually.
Intiratana revealed that Thailand exported 10.6 million tonnes of rice in 2011 as the biggest producer of rice in the world.
He said that though “Nigeria is the biggest cassava producer in the world with a 44 million tonnes per year, the country can only export little or none of the quantity.’’
He attributed the inability of Nigeria to export much of its cassava to lack of capacity to process and add value to the product.
He said that the embassy would establish Thai-Nigeria Business Forum in May in Bangkok.
He promised to extend invitation to the private sector in Nigeria through the state government and ACCIMA.
The President of ACCIMA Chief Eleanya Okoroji, expressed optimism that the proposed MoU would open up trade and investment between the chamber and Thailand if signed.
ACCIMA boss added: “We decided to invite the Thai embassy to visit Aba to create opportunities for Aba businessmen.’’
He said that the invitation was also to enable the people of the state have contacts with their counterparts in Thailand and attract investments from that country.
Business
USAID Re-emphasizes Agricultural Collaboration With Nigeria
Business
Nigeria’ll Lead In Agricultural Export This Year – Tinubu
Business
NDLEA, NIMASA Strengthen Cooperation Against Drug Trafficking
-
News2 days ago
Minimum wage’ll be reviewed in less than 2 yrs, says Minister
-
Sports2 days ago
Golfers To Converge For Sun Amateur Tourney In PH
-
Niger Delta2 days ago
Eno Urges Unity, Warns Against Politics Of Division In 2025
-
Business2 days ago
No Mandate To Revive National Carrier – Aviation Ministry
-
News2 days ago
Ogoni Day: MOSOP Unites, Demands Share from OML 11
-
Politics2 days ago
APP Wants INEC To Conduct By-Election To Fill Rivers Assembly Vacant Seats
-
Niger Delta2 days ago
We’re Upgrading Tourism Sites Across C’River – Otu
-
Niger Delta2 days ago
Kalabari Media Forum Hails Recognition Of Dokubo Asari As Amayanabo