• Thursday, May 02, 2024
businessday logo

BusinessDay

Dubai opens Nigeria office to promote trade

Dubai opens Nigeria office to promote trade

Dubai Chamber has opened its Lagos trade office in its Africa’s expansion drive. The chamber will explore the burgeoning business prospects in Nigeria and the broader West Africa region.

“As part of our efforts to further strengthen Dubai’s trade and economic ties with Nigeria, I am excited to announce that we are inaugurating our new international representative office here in Lagos today,” Mohammad Lootah, president and CEO of Dubai Chambers said during the inauguration of Dubai’s new international representative office in Lagos, today.

He said establishing a presence in Nigeria represents another significant milestone for the Dubai International Chamber, adding that the strategic move creates a vital platform for enhancing cross-border partnerships in one of Africa’s leading economies.

Read also: Dubai flights could resume December as airlines’ trapped funds more than halves

“The launch of our Lagos office – which is the chamber’s seventh in Africa and 28th worldwide – opens new channels for communication and economic cooperation.

“Our team will work with local partners to strengthen Dubai’s robust commercial relationship with Nigeria, co-organise business matching and networking events, and ensure that companies and investors in both markets have access to all the support they need to navigate business opportunities and boost trade and investments,” the Dubai chamber president said.

Speaking also, Babajide Sanwo-Olu, Lagos State governor, while giving his speech at the event, urged businesses and entrepreneurs to spread the news that, “Indeed, Dubai has found a home in Lagos, and Lagos is ready to give Dubai a space in their vibrant and big city.

Read also: Tortuous journey for Nigerian travellers to Dubai

“Let’s take the opportunity that this has created to make a long-lasting, mutually beneficial business economic relationship that will outlive all of us here.

“Welcome again to Lagos, and I wish you all the very best.”