‘Nigeria keen to expand trade with Bangladesh’

Nigeria wants to expand trade with Bangladesh as the south Asian country has achieved significant development in the last decade, said Akinremi Bolaji, director for economic, trade and investment of the foreign affairs ministry of the west African nation.

The Nigerian government is reviewing the possibilities of creating cooperation between the two nations in various sectors, including business, trade, investment and information technology, he said.

He made the comments at a multi-sectoral investment meeting held between Bangladesh Investment Development Authority (Bida) and the representatives of various ministries and departments of the Nigerian government at Bida's conference room in Dhaka today.

Professor Isa Ali Ibrahim Pantami, minister for communications and digital economy of Nigeria, was the head of the Nigerian delegation, which consisted of 11 members from various ministries and departments.

Bangladesh has completely changed in the past decade and became a role model for development, Lokman Hossain Miah, executive chairman of Bida, said at the event.

Bangladesh's development in different fields, including power, communication, infrastructure and per capita income, has made the country a good destination for investment, he claimed.

"We have a huge domestic market full of energetic youths, which is highly desirable to the investors."

Hossain Miah also highlighted the current scenario of Bangladesh's investment, trade, economic development and the country's future plans to the Nigerian delegation.

In the meeting, Md Ariful Haque, director of Bida, came up with a visual presentation on the "Investment climate and opportunities in Bangladesh".