Nigeria, Singapore plan Business and Investment Forum for October

Nigeria’s High Commissioner to Singapore, Amb. Nonye Benedicta Rajis-Okpara has said that the country is partnering with the Singaporean Government to host a joint Business and Investment Forum which is expected to raise the interest of Singapore’s business community in the $3billion Lekki Free Trade Zone in Lagos among other benefits.
The envoy made this known recently when she paid a courtesy visit to the Chairman, Tolaram Group, Mr. Mohan Vaswani. The Tolaram Group is a Singaporean company based in Nigeria and is spearheading the Lekki Port LFTZ along with its partners, the Nigerian Port Authority, the Lagos State Government and other non-government bodies. Tolaram Group is also the producer of Instant Noodles- Indomie and is involved in Manufacturing, Services, Power, Petrochemicals and Port Development in Nigeria.
Amb. Rajis-Okpara told Mr. Vaswani that the Nigeria-Singapore Business and Investment Forum is being organized by the High Commission in collaboration with the Singapore Business Federation(SBF) and International Enterprise (IE) Singapore and will hold from 28th – 30th October, 2013 in Singapore.
According to her, arrangements for the Forum are in top gear adding that the Singapore Government was fully supportive of the event and had released officials from the relevant Ministries, Departments and Agencies of Government to serve on the Organising Committee.
The Ambassador further noted that the Nigerian Minister of Industry, Trade and Investment, Dr. Olusegun Aganga, would be leading the Nigerian Delegation, and that the Singaporean Ministry responsible for Trade and Investment matters was fully collaborating with the Nigerian Mission.
Also expected at the Forum, according to the Ambassador, are Nigerian Ministers of Lands, Housing and Urban Development, Education, Aviation and some State Governors.
Amb. Rajis-Okpara further informed that the Forum would take on key areas of interests such as Technical and Vocational training including Information and Communication Technology (ICT); Maritime and Port Development; Agro-Allied Industries; as well as Manufacturing and Services.
Other areas of interest listed by the envoy include Housing and Urban Development; Infrastructure Development; Energy/Power; Water Treatment/Technology; and Waste Treatment.
Speaking further on the Forum, she informed the Chairman that Singaporean Companies operating in Nigeria would be expected to make presentations on their experiences in doing business in Nigeria.
Accordingly, the Ambassador requested that the Tolaram Group Chairman make a presentation on his company’s experience in Nigeria at the Forum and commended him for the achievements of Tolaram Group in Nigeria while also requesting for his support in ensuring the success of the Forum.
Responding, Mr. Vaswani expressed his appreciation to the Ambassador for the briefing and applauded her tireless efforts in promoting Nigeria’s business and investment opportunities in Singapore and organizing the hosting of the Business and Investment Forum in particular.
He also pointed out that Tolaram Group has not only given full support to the Federal Government’s efforts in promoting Nigeria and the investment potentials, but on her own, has continued to bring in new investors to Nigeria.
Vaswani therefore assured the Ambassador of his full support towards the success of the Forum and continued cooperation in fostering beneficial relations between Nigeria and Singapore.

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