• Tuesday, May 07, 2024
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NACCIMA, S/African envoy explore opportunities for collaboration

NACCIMA faults CBN’s MPR hike to 24.75%, says it’s negative for businesses

Dele Kelvin Oye, national president, the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), has met with the South African High Commissioner to Nigeria, Thamsanqa Dennis Mseleku, to strengthen ties and harness the economic potentials of both countries for growth.

The leaders at the meeting which took place at the South African Embassy in Abuja explored avenues to collaborate and share resources, leveraging their diverse cultural and socioeconomic strengths.

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Oye noted that “a sustained partnership between Nigeria and South Africa holds immense promise for both nations and the continent as a whole which is the reason for this visit. We believe that by combining our resources, expertise, and innovation, we can unlock new opportunities for economic growth and development.”

According to the NACCIMA boss, the discussions during the symbolic meeting centred on the establishment of strategic public-private partnerships that would promote innovation, technology transfer, and investment, adding that, “Such partnerships are instrumental in catalyzing economic diversification, creating jobs, and driving industrialization.”

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Noting that the two countries have the potential to become economic powerhouses on the continent, Oye stated, “South Africa and Nigeria share a common history – both have struggled against apartheid and colonialism. They have a shared history of liberation movements that fought for the freedom and dignity of their people. Today, despite their diverse cultural and socioeconomic differences, they stand as beacons of hope for the black race and Africa. It is, therefore, imperative that they collaborate, share resources, and work towards the development of Africa.”

He further noted, “The visit is an indication of the strong desire to foster a profitable relationship between Nigeria and South Africa. This relationship can be leveraged towards catalysing innovations and creativity among the youth and women. It can also be used to move our people out of poverty by leveraging public-private partnerships.

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“The relationship between Nigeria and South Africa has the potential to be a litmus test for African unity and solidarity. The importance of this visit cannot be overemphasised, as it signifies a step towards building the resilience, prosperity, and connectivity of black African nations.”

The NACCIMA President added, “It is the hope of many Africans that this meeting will lead to a more collaborative effort towards building a continent that is united in spirit, purpose, and action; a continent that is freed from poverty, disease, and underdevelopment, and a continent that can take its rightful place in the world.”