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EU-Nigeria Business Forum: investment opportunities in ICT, Agric

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Monday, 02 October 2017

EU-Nigeria Business Forum: investment opportunities in ICT, Agric

The EU delegation to Nigeria said the 6th edition of the European Union-Nigeria Business Forum will place emphasis on the role of young people in Information and Communication Technology (ICT) and agribusiness. Filippo Amato, Counsellor and Head of Trade and Economics Section for the EU delegation to Nigeria and ECOWAS disclosed this during a press conference in Lagos recently. The theme of the conference ‘Youth as an Engine of Broad-based Economic Transformation’ is apt, according to Amato, because it brings attention to a segment of the Nigerian population that has increasingly contributed to the economy of the country. The theme, he added, aligns with the forthcoming Africa Union and EU summit later this year. Also, the forum presents an opportunity for the EU to go beyond giving grants to businesses and discuss with the private sector on new ways to forge collaboration. “We have realised that to forge sustainable development in Nigeria, grants to the country is not enough. We have to grow investments in the private sector,” Amato said. The forum scheduled for the Eko Hotel in Lagos on 5-6 October 2017 will give business leaders and policy makers from the EU and Nigeria a platform to explore business openings and how to increase investment, with a view to creating more jobs, particularly in the ICT and agriculture sectors. Major points for discussion during the 6th business forum include identifying the key role of youth in digital economy and the potentials of ICT in cross cutting themes with experience shared from the EU; strengthening EU and Nigeria’s business relations through identifying opportunities in the agribusiness space for job creation, boosting exports and addressing local food security problems.

Source: www.businessdayonline.com