Legacy Projects: The Abuja Chamber of Commerce and Industry Story

ACCI President on the Legacy Projects

ACCI to partner EU Mission on waste-to-wealth programme, other activities

ACCI has contributed greatly towards development of Nigerian economy

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Executive Producer: Prof. Adesoji Adesugba, FCIArb Producer: Victoria Akai Project Coordinator: Tinuke Temitope Editor-in-Chief: Lubem Gena Project Assistant: Olanrewaju John Graphics design by: Ahmad Abdulfattah Godwin Omodiale

A production of Chamber Telegraph

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Preface

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The editorial Team is pleased to introduce this special publication to you on the auspicious occasion of the commissioning of the Legacy Projects put in place by the Abuja Chamber of Commerce and Industry within record time.

This publication spes down memory lane to unearth the story behind the edifices put in place by the present Executive Committee members under the leadership of the indefatigable Prince Adetokunbo Kayode, CON., SAN, within the time frame others thought was not practicable.

Congratulatory Messages

The pictorial presentation unveils the foundational, structural and steady progress of the work which culminated to the infrastructural facelift in the chamber.

Instructively, in this edition, there was a brief, yet incisive discussion with the man behind the driver’s seat, Prince Adetokunbo Kayode, CON., SAN; a man whose vision backed with a mission has birthed and realistically brought to the fore the ultra modern 6-storey office complex, an expansive International Convention Centre and the BEST training centres tagged as BEST 1, 2 and 3.

This publication also boasts of several news stories emanating from the various interactions between the Chamber, critical stakeholders, our friends and well wishers in the diplomatic circle and lots more.

Herein, it is evidently clear that, it takes a focused leadership to bring about a muchneeded drive that catapults an organization and stamps it on global prominence.

Proudly, we present this edition to you, it is a worthy companion so far as the Organised Private Sector (OPS) movement is concerned.

Read on.

Prof. Adesoji Adesugba Publisher for and on behalf of the Chamber Telegraph crew. adesugba@yahoo.com 0803 787 2722

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Congratulations as ACCI Legacy Projects are Commissioned

On behalf of all the staff, partners and well wishers of the Business Entrepreneurship Skills and Technology (BEST) Centre I am pleased to share in the joy of the commissioning of the ACCI Legacy Projects carried out by the Present Executive Committee under the leadership of Prince Adetokunbo Kayode, CON., SAN. As the capacity building arm of the Chamber, we at thr BEST Centre wish to use this opportunity to rededicate ourselves to the task of skilling, re-skilling and upskilling the people as our contribution towards creating an efficient and effective work force for the country.

Tinuke Temitope (Mrs) Head BEST Centre

We want to place on record our gratitude to the President and Commander-in-Chief of the Federal Republic of Nigeria, His Excellency President Muhammadu Buhari, GCFR for the official commissioning of the 6-storey ultra-modern office complex.

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Aisha Ado Abdullahi Esq Executive Director

Alternative Dispute Resolution (ADR)

We at the Dispute Resolution Centre (DRC) of the Abuja Chamber of Commerce and Industry (ACCI) wishes to congratulate the Chamber on the official commissioning of our ultra-modern office complex built to service the business members, business community, partners and members of the diplomatic circle. The event calls for celebration as it is aimed at taking the mandate, mission and vision of the Chamber to another level.

Olawale Rasheed Coordinator, Policy Advocacy Centre (PAC)

The Policy Advocacy Centre (PAC) of Abuja Chamber of Commerce and Industry (ACCI) is proud to be associated with the President, Executive Committee, the Council Members, Members, Management and staff of the chamber on the historic commissioning of the Legacy Projects of the Chamber.

We also seize this opportunity to welcome His Excellency, President Muhammadu Buhari, GCFR in the commissioning of the ACCI legacy projects which are meant to add significant value to the Nigerian economy.

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Congratulatory Message from Policy Advocacy Centre

We commit the buildings for the use of man to the glory of God. Long live the Abuja Chamber Long live the Federal Capital Territory Long live Nigeria

Congratulatory Message from Abuja Trade Centre

The event of the commissioning of the ACCI Legacy Projects is one that holds a lot of potentials to the overall growth of the economy.

The gigantic projects which are conceived to be selfsustaining are direct contribution by the Organised Private Sector (OPS) towards adding direct impact to the Nigerian economy.

We felicitate with the Abuja Chamber and the President and Commander-in-Chief of the Nigerian Army, His Excellency Muhammadu Buhari, GCFR for graciously agreeing to declare the ultra-modern office complex open. We are indeed proud to be associated

Congratulatory Message from Alternative Dispute Resolution (ADR) We are proud to be associated, part and parcel of this track records of achievement within a record time.

We commit the building to the hands of the Almighty God for the use of mankind and advancement of the Nigerian economy.

Congratulations.

Jude Chime Executive Director Abuja Trade Centre (ATC)

with this monumental stride which seeks to deepen the already existing Public-Private Partnership.

Congratulations to the Abuja Chamber of Commerce and Industry.

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Our Story

Abuja Chamber of Commerce and Industry (ACCI) was established in August of 1986 as a Company Limited by Guarantee with the principal objective of promoting economic and industrial development within the FCT in particular and Nigeria in general.

ACCI is a non-partisan, non-sectarian, member-funded organization solely representing the common interests of the business community in the FCT. The Chamber is privately funded by corporations, foundations and members, therefore its energy is directed by the interests of the business community and the general public.

Presently, ACCI has established association and linkages with business groups, trade associations, international chambers, government agencies, trade offices and foreign embassies, etc. so as to accomplish its goal of enhancing the sustainable growth and development of businesses in the FCT. 8

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Abuja Chamber of Commerce and Industry (ACCI) We propose to be the foremost private sector organization in the delivery of sustainable growth and prosperity in commercial activities and businesses in Nigeria. Consequently, we aim to support development of trade, business, commerce and industries as well as promote best commercial and governance practices.

Mission

Vision

To serve, support and enhance the businesses of our members as well as contribute to the development of our national economy.

To be the foremost Chamber of Commerce in Nigeria and to be a key player in Africa.

Chamber Focus •

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The Chamber was awarded International Trade Fair status by the Federal Government of Nigeria in 1998.

To organize international trade fair and other specialized fairs.

Successful hosting of international and domestic Trade Fair.

In partnership with the Federal Government in the year 2000 organized “Made and Found Nigeria” Trade Fair as part of activities marking Nigeria’s 40th Independence Anniversary.

Holding of quarterly business luncheons, dinner or breakfast meetings for its members for the purpose of networking and enlightenment on current business issues.

Publishing of widely circulated Abuja business directory a quarterly newsletter for circulation to members and the general public on latest activities at the Chamber and contemporary businesses.

Organizing trade missions to overseas countries for members to network with foreign businesses and thus evolve partnerships and business relationships.

Receiving trade missions from foreign countries and providing a platform for foreign business interests to meet with business organizations in Nigeria.

Members of the Chamber from time to time render ACCI Story

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research assistance in shaping government policies.

Bringing to the notice of the government the problems and needs of the business community.

Members have served on some presidential committees.

Organizing seminars, workshops, conferences and training sessions for the business community on issues and topics that will promote business growth and development.

Acting as a reference data bank for external business interests seeking for the patronage, partnerships and business contacts with businesses within the FCT. Circulating to members via e-mail and post various correspondents on business opportunities and information received by the Chamber that may be of interest to members.

Provide anti scam services to some Embassies and organizations.

Organized a successful domestic Fair to mark Nigeria @ 50.

Organized Centenary Trade Fair in commemoration of Nigeria @ 100.

Building of Standard Shopping Mall by South Africa Consultant (shoprite).

Strategic Direction Our key objective is to make the ACCI more accessible to local businesses and increasing membership is a priority in our future plans. We continually strive to improve the level of service we offer and to make our members feel that they are part of a proactive business organization.

Our purpose is to lead the private sector in the delivery of sustainable growth and prosperity of commercial activities and businesses in the FCT. The principal aim of the ACCI is to promote and protect trade, business, commerce and public welfare in the FCT as well as ensuring that our members respect the rule of law and apply best commercial practices in all aspects of business.

To create a coherent and comprehensive business network.

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To act as a centre of business information, support, training, guidance and dispute resolution for members.

To attract investment by effective networking and proactive business strategies.

Our approach is to work in partnership with the legislative and executive arms of Government in delivering quality thought and action, using our influence where appropriate and providing valueadded services to our members.

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Our key objective is to make the Chamber more accessible to local businesses and increasing membership is a priority in our future plans.

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Five Minutes

with

ACCI President on the Legacy Projects

ACCI Executive Commitee Members

In this brief but exciting interview, the President of Abuja Chamber of Commerce and Industry (ACCI), Prince Adetokunbo Kayode, CON., SAN spoke about the Legacy Projects embarked upon by the Chamber, the vision as well as their sustainability.

He spoke with LUBEM GENA.

Excerpts: People are marvelled at the developments in this chamber. What can you tell us about the Legacy Projects developed by the Chamber?

We have taken total control of the ACCI complex and we are developing certain legacy projects based on the three anchor points. The first in the central spine is the development of our ultra modern office complex, the Convention Centre as well as the convention ground. All these involve the 6-storey building office complex, 3, 200 sqm convention centre with several Business to Business (B2B) rooms, VIP lounge, Dele Oye hall as well as fully airconditioned central auditorium designed for programs, be it international or local conferences, fairs, conventions, meetings, shows etc.

Also, we are developing the Business Entrepreneurship Skills and Technology (BEST) centre 1, 2 and 3 which is the skills development aspect of our activities. We are also fast tracking activities on the leisure side, which are the restaurants, cafeteria as well as the lounge to service both members, visitors, training participants, partners and stakeholders.

As for the commercial part we are developing hotels and an entertainment area located on a 10 hectares piece of land, this we are projecting development of two to three different classes of hotels to service the convention centre and the city in general.

Finally, we have the Business Development Park which is meant for commercial development. The proposed 10 blocks of commercial buildings are to service our members and their business associates.

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What was really the vision for establishing these structures in ACCI? Well, the vision is to create a mini commercial city and the model is derived from sutton city in Johannesburg-South Africa where it is convenient for you to do your business, hold your meetings, live there by staying in the hotel facilities, attend your conferences, do your shopping and lots more in the same area. We think this is good for the city. In fact, every modern city should have a commercial centre within the city. That is our vision and we have vigorously pursued it.

Talking about sustainability, how would you want to see these projects sustained?

The way and manner these projects are crafted makes for self-sustainability. But of course, it still needs the support of the authorities from the chamber to perform optimally.

This can be achieved by putting in certain specific institutions to manage it. In this case the Abuja Trade Centre (ATC) should manage the central spine of the commercial city. We have well established commercial partners who will provide maintenance services and do other things to ensure that the facilities are updated and optimally running and well kept, programmed and made to function efficiently. This way, it can generate income and sustain itself. We are driving technology into the projects to take care of security and some of the other services that we provide like other commercial activities.

Prince Kayode Adetokunbo SAN

President

Chief. Emeka Obegolu (ESQ) Second Deputy President

Alh. Al-Mujtaba Abubakar First Deputy President

Bukhari Bello Esq Vice President Legal

Dr. Sijuade Kayode Vice President Commerce

Dr. Anene Johnson Vice President Mines

Prof. Adesoji Adesugba FCIArb Vice President Technology, Skills & Digital Economy

Alh. Usman Balarabe Vice President Finance

Barr. Jude Igwe Vice President Industry

Dr. Kolawole Owoka Vice President, Agriculture

Vice President Communication, Strategy And External Relations

Dr. Aliyu Idi Hong

Rose Nwosu Esq Vice President

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ACCI BEST

Policy Advocacy Centre

The ACCI BEST was founded for capacity development of the business community through various activities.

Focus

These will help businesses and proprietors improve on the operation of their businesses. In line with this, the Abuja Chamber of Commerce and Industry (ACCI) established the Business Entrepreneurship, Skills, and Technology (BEST) Centre to run training programs and activities for capacity development.

Who We Are

Why Choose Us

What We Do

An institute established to run training programs and activities for capacity development.

With qualified industry leaders, years of experience and worldclass training curriculums facilities, it’s not difficult to see why we should be chosen.

Capacity development of the business community through various activities which will help businesses and proprietors improve on the operation of their businesses.

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Objectives The main objective of the BEST Centre is the operation of a world-class learning centre for the development and improvement of entrepreneurship, technology, and vocational skills. The centre aims at improving the use of technology in the enhancement of chamber’s business and incorporating and taking over delivery of world-class training’s and activities in Federal Capital Territory(FCT) and Nigeria; serving as a referral and knowledge base centre for training on entrepreneurship and business management in Abuja; creating avenue for knowledge sharing; linking the trained to the industry; and networking between business owners in Abuja Chamber of Commerce and Industry.

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Reservoir of knowledge, resources, materials, frameworks etc to help in advocating for better economic and social safety nets.

Contribute actively in the debate on the national economy and the National Economic Recovery and Growth Plan (NERGP) by identifying the role of critical stakeholders and constructive engaging them based on their assigned responsibilities.

Dedicate officer (s) to track the economic milestones of achievements recorded so far and project into the future.

Serve as a connecting bridge between the Organised Private Sector (OPS) and the public sector. Help in facilitating work around the Ease of Doing Business (EoDB) initiative Set targets to staff and Key Performance Indicators (KPI) to track performance and output Advocacy around policy shift in the strategy and tactics for SME development and funding mechanisms.

Push the agenda for Finance and Equipment leasing, Social economy

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Organize workshops/Roundtable, seminars, conferences etc on (a) ease of doing business.

Help in facilitating work around the Ease of Doing Business (EoDB) initiative Collate the resolutions and views of members on any topical economic, business, trade or commercial matter.

Serve as a hub for investor’s guide.

Re-introduce the annual “Excellence Awards” to be given on merit.

Conventional and social Media outreaches.

Take a position on policy on the Economy, trade or any other public policy issues that affect the welfare of the citizens.

Embark on any other emerging economic issues that will add positive value to the nation.

Dispute Resolution Centre (DRC) Abuja Trade Centre Benefits of ATC • • • • • • •

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Support local and international investment drive Facilitate National, Regional and International trade and export Assist with international trade documentation, Certificate of Origin, ETLS, etc.

Provide Trade Data and Information, Applicable Rules, Regulations and Incentives.

Facilitate Business Matchmaking (B2B, B2C) Provision of Corporate services, physical and virtual offices.

Provision of meeting rooms and conferencing facilities

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Dispute Resolution Center (DRC) is a collecton of processes used for the purpose of resolving conflicts, informally and confidentially. DRC provides alternatives to traditional processes, such as grievances and complaints; however, it does not displace those traditional processes.

The Dispute Resolution Centre is ACCI’s primary resource for services and expertise in the areas of consensusbuilding, collaborative poblem solving , alternative dispute resolution, and conflict resolution.

About The Dispute Resolution Center is established to resolve certain disputes arising from labor, employment, industrial relations, workplace, etc, between parties using the process of mediation and/or conciliation. The Center uses mediation and/or conciliation technique(s) to assist

parties resolve their dispute and arrive at a mutually acceptable agreement In a less costly, faster and efficient manner.

Benefits of DRC Experience within ACCI and elsewhere shows that these techniques for preventing and resolving conflicts can have many benefits including: • • • • •

Faster resolution of issues More creative, satisfying and enduring solutions Reduced transaction costs Improved working relationships Increased stakeholder support for Agency programs

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For a Grade A chamber of commerce, ACCI is supposed to play the big brother role in West Africa bearing in mind that you work closely with the West African Chambers of Commerce and Industry (FEWACCI).

How well is ACCI doing this?

We work closely with the Federation of West African Chambers of Commerce and Industry (FEWACCI) and this has also given us the privilege of a mentorship relationship with other chambers of commerce in Nigeria and other West African Countries to help them replicate what we are doing in their various chambers of commerce. Of course we hand hold them and mentor them in many areas. Our joy will be to see that they all become like ACCI. This chamber was given an international recognition in Brazil, could you please shed more light on this development.

ACCI has contributed greatly towards development of the Nigerian Economy - Director-General The Director General of Abuja Chamber of Commerce and Industry (ACCI), Ms Victoria Akai in this exclusive interview with Chamber Telegraph crew emphasised the relevance of the chamber to the overall national economic development. She also predicted that, the Chamber will continue to grow from strength to strength.

The chamber has been carrying out some capacity building programmes through the BEST Centre and last year 2019 we competed in the World Chamber Congress best education project competition. Fortunately, we

came out as the best project in Africa. And we were nominated as the top 5 education projects in the world.

How did the chamber receive this news?

It was received with a lot of excitement. It was amazing. It was actually a pleasant surprise. When we went to Brazil, we were treated very well, honoured and recognised.

In fact, we gained more partnerships and support from other international organisations.

Based on the track records of achievements on ground, where do you hope to see ACCI in the next 5-10 years?

In the next 5-10 years, I see the chamber running better than it is of course; working closely with government; contributing significantly to capacity building; helping our members to expand their businesses; bringing investors to Nigeria and generally contributing positively to the overall economic development of the Small and Medium Enterprises (SMEs) in Nigeria. In the course of doing these, we will be able to contribute significantly towards the development of Abuja as a prefered investment destination.

tInterviewed by LUBEM GENA Kindly tell us the vision of the Abuja Chamber of Commerce and Industry and how it is actualising it.

The vision of the chamber is to be the foremost Chamber of Commerce in Nigeria. ACCI is accomplishing this through its secretariat and its 4-centres. With this structure, the Chamber is achieving its primary goals and objectives of improving the businesses of its members by providing opportunities in the areas of networking, increased local and international exposure, knowledge sharing, advocacy and alternative dispute resolution amongst other benefits. The centres are, the Business Entrepreneurship Skills and Technology (BEST), Abuja Trade Centre (ATC), Dispute Resolution Centre (DRC) and Policy Advocacy Centre (PAC). We have also added another one known as the ACCI Multipurpose Cooperative Society (ACS).

How impactful are these centres to the Nigerian economy?

support that it requires to thrive, create employment opportunities and make profit and ultimately contributing to Nigeria’s GDP. We also facilitate local and foreign investments to Abuja and Nigeria in general. We carry out business match-making, advocate for policies to favour the business community in Nigeria and specifically for our members. We also carry out capacity building activities in vocational training, work force skills training, business skills training amongst others.

Some of our activities are carried out in collaboration with partners which include the government, international organisations, national agencies and private companies that have lines of support. Also, we have the Dispute Resolution Centre (DRC) to resolve commercial disputes. Rather than go to court and spend so much money and time, it is better to come to the DRC and have your disputes resolved. We attend to both international and local trading partners.

The centres contribute to the Nigerian economy by ensuring that the business community receives the 16

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The Ultramodern Office Complex

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ACCI Legacy Projects Since the inauguration of the present Executive Committee of the Abuja Chamber of Commerce and Industry (ACCI) under the leadership of Prince Adetokunbo Kayode, CON., SAN, the task of repositioning the Chamber has been one pursued vigorously.

Aside from restructuring the chamber into four functional centres namely: Abuja Trade Centre (ATC); Business Entrepreneurship Skills and Technology (BEST) Centre, Policy Advocacy Centre (PAC) and Dispute Resolution Centre (DRC), the administration embarked on the construction of modern structures known as ‘ The Legacy Projects’.

Structural Bed, 8th September, 2017

Construction of the Legacy Projects commenced simultaneously in September 2017 with the ultramodern office complex; the Convention Centre and the BEST 1 training facility. BEST 2 and 3 facilities followed in due course.

Commitment, passion and tenacity of purpose saw to an effective and efficient mobilisation and judicious use of resources of the President and his executive committee members.

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The ultra modern office complex is a 6-storey state of the art building with a penthouse.

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The Convention Centre is the largest in the city with about 6,000 seater capacity and several other meeting rooms, executive halls, a lounge and a coffee shop.

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The BEST 1, 2 and 3 Centres are equipped with a state of the art training facilities.

A picture they say speaks a thousand words, we share with you in this publication some pictures of the construction of our legacy projects from start to finish.

Excavation, 5th September, 2017 20

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Structural Bed, 11th September, 2017

Structural Bed, Site Inspection ACCI Story 21

Base structural works, September, 2017

German floor consolidation, September, 2017 22

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Floor fortification, October, 2017

Block work on first floor, November, 2017

German floor, October, 2017

November, 2017

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Site Visit by Executives

January, 2019

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Laying Water Fountain

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Landscaping, April 2019 1.

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Advanced work on the first floor, November, 2017 Side view of the advanced work, June, 2018 Iron work, January 2018 September, 2018

Penthouse under construction, October 2018

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About the Centre

Abuja Chamber of Commerce and Industry (ACCI) Business Entrepreneurship Skills and Technology (BEST) Centre was founded in 2016. The chamber entered into a partnership agreement with Knowledge Nation Limited (KNL) in 2018 to operate and manage the centre. ACCI BEST Centre provides practical solutions to industry skills and manpower needs, through a demand driven curriculum. Located in the serene and beautiful multi purpose grounds of the Abuja Chamber of Commerce and Industry in Abuja, the Centre has been able to create a world-class learning environment. The centre boasts of highly skilled and proficient team of facilitators and experts, with industry experience in both the private and public sectors of the Nigerian economy. The Centre’s affiliations with first class international institutions and universities, assures you of getting the best at the ACCI BEST Centre.

Front View BEST 2

View from the balcony Inspection of BEST 3

Inspection of BEST 1 during Construction

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We have done tremendously well - Dr. Anene Dr. Johnson Somadina Anene, the Vice President (Mines) of the Abuja Chamber of Commerce and Industry (ACCI) in this exclusive interview with our Editor-In-Chief, LUBEM GENA explains the factors that accounted for the massive infrastructural and organisational development recorded in the Chamber.

Excerpts:

promote investments.

Since the inauguration of the present Executive Committee at the Abuja Chamber of Commerce and Industry (ACCI), Legacy Projects took the centre stage alongside other things. What is responsible for this drive?

Aside from that, our Dispute Resolution Centre (DRC) will also be there to intervene in the settlement of commercial disputes among business partners. These activities and those by the other Centres in the Chamber have already added and will continue to add significant value to the economy of the nation.

In what specific terms are these projects going to add to the development of the Nigerian economy?

In so many ways. Some organisations have started taking office space in the complex. So, it is providing facilities to aid business activities and economic development in the country with particular reference to Abuja. And also, you heard about the Abuja Trade Centre (ATC) that is really working very hard to develop activities, support and

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Also, give us a brief on the other Centres in the Chamber such as the Policy Advocacy Centre (PAC) and the Business Entrepreneurial Skills and Technology (BEST) Centre. How impactful are they?

They are up and running even though they are still at infancy. Of course they have made significant impact to the chamber activities and the economy in general. You can see the remarkable progress we have made within these couple of years. People at the helm of affairs in the Centres are doing very well but I want to encourage them to do more. I am sure that with the crop of people we have in both management and auxiliary levels, I am assured and convinced that we will achieve greater results in the near future.

What particular area will you want partners or stakeholders to support the chamber to get to the next level?

We need assistance in the area of manpower support and development, funding, technical assistant, basic equipment and know-how as well as financial support that we will be able to offset the cost of running some of these programmes.

How would you want the Oragnised Private Sector (OPS), business community and the diplomatic circle of friends to use these facilities to advance their businesses in Nigeria?

What we want is for them to patronise the Centres and key into their respective activities, programmes and projects such as business development, trade fairs, trade facilitation, trade information etc. That is for the ATC. For

Another thing that is important is prudence in the management of resources. It is the kind or projects that can take some organisations billions of naira and end up been abandoned.

But we are able to deliver it with the lean purse at our disposal

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It is commitment and will power to deliver these results and projects. It is not just everybody that is able to conceive an idea that will be able to put it down and nurture it to fruition or manifestation. The current Executive Committee led by Prince Adetokunbo Kayode, CON., SAN has shown capacity to deliver. That is why we are able to come out with these projects within a record time of two years. Another thing that is important is prudence in the management of resources. It is the kind or projects that can take some organisations billions of naira and end up been abandoned. But we are able to deliver it with the lean purse at our disposal. I want to congratulate the President of the Chamber, Prince Adetokunbo Kayode, the entire Executive Committee that gave the support and the entire membership that gave the support that led to the realisation of these projects.

the DRC, we want them to key into our trade disputes resolution mechanisms.

As for PAC, they are doing a lot in the area of advocacy for business people, government policies and economic decisions. BEST on the other can be approached for training and capacity building, skill acquisition and vocational training. So, the Centres are on ground to help businessmen and investors.

They can immensely benefit from these services.

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Abuja Trade and Convention Centre

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About the Centre The vision is to create a mini commercial city and the model is derived from Suttons City in Johannesburg in South Africa where one can go to that will be convenient to do business, hold meetings, stay in hotel, attend conferences, shop and do lots more in the same location. This is good for the city. This is the vision that ACCI has pursued.

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ACCI to partner EU Mission on waste-to-wealth programme, other activities

NACCIMA, ACCI discuss ways to reduce disaster risk on private sector with UNDRR

As part of efforts to generate wealth from waste materials, the Abuja Chamber of Commerce and Industry (ACCI) and European Union Mission in Nigeria and West Africa have commenced deliberations to create sustainable impact in the sector.

The meeting convened to discuss issues of disaster risk reduction from the private sector perspective took place today with many stakeholders drawn from the United Nations Office for Disaster Risk Reduction (UNDRR), Economic Community of West African States (ECOWAS), Federation of West African Chamber of Commerce and Industry (FEWACCI), Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Abuja Chamber of Commerce and Industry (ACCI) amongst others in attendance.

Both parties agreed to this today, Thursday, 16th January, 2020 when the ACCI President, Prince Adetokunbo Kayode, CON., SAN received Mr. John Taylor, Minister Counsellor/Head of Trade and Economics Section of European Union Delegation to Nigeria and ECOWAS in the Chamber.

and that has accounted for the problem we have.

“But as a Chamber, we have pioneered efforts in doing a lot in the sector. We organized a Waste-to Wealth Business Forum and also created a Trade Group in the Chamber to aid players in the sector to discuss issues of common concern.

The meeting discussed ways to deepen relations between the Union and ACCI and how to carry joint activities in the Waste-To-Wealth sector among others.

In his address Prince Kayode commended the Union for reposing confidence in the Chamber and approaching it to fast-track actions in the sector to tap into the inherent opportunities.

“I therefore call on you to support us most especially as it is also one of your country specific target. We can start as a pilot project and replicate it either in the 6 geopolitical zones or 36 states and the Federal Capital Territory, he noted.

He said there is so much wealth to be generated in the line business bearing in mind that recyclable items such as worn out tyres, batteries, glass, scrap metals, wood and saw dust, electronic waste among others abound in the country.

He emphasized on the need for EU to support a privatesector led initiative that will help in smoothly carrying out such activities which he said will generate employment, create wealth, clean the environment as well as add value to Gross Domestic Product (GDP)of the country.

“The private sector has to lead the way in this initiative and we have to also sensitize government to key into it.

As of today, policies around this area are not functional

risk mitigating elements in their business plans as a sure way of guarding against unforeseen circumstances that often lead to loss of lives, investment and sources of income.

Also speaking, Mr. Taylor said he was aware of the efforts of the Chamber in this regard and is ready to lend the support of the EU so as to add credibility into it.

Towards achieving the target, he said EU will facilitate a Businesses Forum where he will mobilize a minimum of 15 countries and high powered EU commissioners to participate in same.

“I can see that if we do this together, the huge potentials here will be harnessed. It is a big business that will help to manage the waste of the large population of the country.

“In April 27-28th we will organize this event and I will mobilize high powered EU Commissioners to attend and to bring 15 countries or companies to take part in the expo”, Mr. Taylor said.

The meeting also discussed other areas of upcoming possibility of partnership.

In a message, the FEWACCI/NACCIMA President, Hajia Saratu Iya Aliyu, emphasized the need for all hands to be on the deck in the task of mitigating disaster risks.

She also said the Dialogue was timely and has the tendency to generate the required impetus needed to handle such challenges when they occurred.

According to her, as the foremost Organized Private Sector (OPS) organization in the sub-region, FEWACCI is committed to employing various means of enabling and promoting a business-friendly environment that is void of risks and aims to develop the Private sector.

Prince Adetokunbo Kayode, CON., expressed the readiness of the OPS in Nigeria under the NACCIMA umbrella to embark of collaborative activities, actions, programmes and projects that would lead to training, empowerment, advocacy and an enhanced public policy direction on the subject matter.

Prince Kayode made a case for UNDRR to make use of the Policy Advocacy Centre (PAC) and Business, Entrepreneurial Skills and Technology (BEST) Centre in order to actualize the set objectives pointing out that, it will lead to an assured shared prosperity.

Mr. Julius Kalubi who presented the UNDRR message and policy framework assured on measures to be taken to ensure that the project is actualised for the overall benefit of the society.

During the discussion session, both Prof. Adesoji Adesugba, Provost of BEST Centre/NACCIMA National Legal Adviser, Mr. Olawale Rasheed, Mr. Peter Esime, former DG of NACCIMA stressed that hence ACCI is prepared and actually have mechanism in place to embark on such a mission, it should be supported with the required capacity.

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ACCI, Media Trust partner towards hosting Halal expo in Nigeria The Abuja Chamber of Commerce and Industry (ACCI) and Media Trust Ltd, publishers of Daily Trust newspapers have agreed to work closely together to ensure successful hosting of Halal expo in Nigeria.

Explaining the Halal concept to during a visit to top management of the media organization, the President of the Chamber, Prince Adetokunbo Kayode said the industry is a multi-trillion dollar industry which Nigeria is yet to tap from the immense benefit and maximise its potentials in same.

“We have entered into discussions with major players such as Turkey, Bangladesh, United Arab Emirates and others critical players. And I want the Media Trust to partner with us. We want to work with you. We also need your support. But I really want us don’t as business”, the President stated.

According to Prince Kayode, the Halal industry cut across body care, pharmaceutical, clothing, food, drink and general way of doing things, the country which has a large population of Muslims is yet to understand the business aspect of it.

He also rolled out other areas of expos amounting to 12 that the Chamber is planning in 2020 and solicited the support of the media giant in all of them.

Responding, on behalf of the management team, Nasiru Imam, Assistant Managing Editor of Daily Trust promised to work closely with the Chamber in order to lend publicity support and also explore the business opportunities to jointly work on using the win-win approach.

“The Halal industry is a multi-trillion dollar sector. Last year, it was worth over $2trillion. In spite of our large Muslim population, we are yet to tap into it for the good of our people. It is a huge area. It is a huge economy. We should key into it.

“The Abuja Chamber of Commerce and Industry (ACCI), is therefore unlocking this door of opportunities by exposing the business potentials that abounds in the sector. This is a huge area and people are excited about it.

We are happy to lead the way.

He also appreciated the giant strides in the chamber noting that, the media outfit is willing and ready to deploy a liaison staff to work on areas of cooperation with the Chamber.

The expo is to hold from 8th-10th June, 2020 at the Abuja International Trade and Convention Centre located on Km8 airport road, Abuja.

ACCI congratulates Dr. Hong on appointment as Director of Government Relations by Bua group There is jubilation in the Abuja Chamber of Commerce and Industry as its Executive Committee Member, Dr. Aliyu Idi Hong is appointed as the Director of Government Relations at Bua Group.

Dr. Hong is also the Executive Committee member of the chamber in charge of Government Relations, Diplomatic Affairs and Strategy.

The President of Abuja Chamber of Commerce, Prince Adetokunbo Kayode, said the news was received with excitement as it was an evidence that the track-records of achievements by Dr. Hong has earned him the new position in Bua group.

Prince Kayode also said with the appointment of Dr. Hong in that capacity, the Bua group will enjoy a smoother relationship with other stakeholders in the public sector and other auxiliary bodies in their areas of operations.

“It is with great enthusiasm that I received the news of the appointment of our own Dr. Aliyu Idi Hong in the capacity of Director of Government Relations with Bua group.

“Dr. Hong has worked closely with me and I can attest his commitment to any assign task. He has zest, zeal and always deploys a mixture of competence and diligence to deliver on any laudable objective. Bua will certainly be better for it “, Prince Kayode stated.

Former President of the Chamber and current Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) Second National Deputy President, Otunba Dele Oye also said he was not surprised at the appointment.

Otunba Dele Oye pointed out that the appointment is well deserved and the group stands to reap abundantly from the constructive decision.

“It is a well deserved appointment which will go a long way in facilitating the fortunes and quality products and services of the Bua group”, Otunde Dele Oye said.

On his part, the Vice President of the Chamber for Digital Economy, Prof. Adesoji Adesugba said he was equally elated.

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Dr. Aliyu Idi Hong

Prof. Adesugba emphasized that, Dr. Hong has a Midas touch and will always surpass all expectations in the course of achieving any task.

“As I congratulate my brother, Dr. Hong on this assignment with Bua, I equally want to appreciate the group for headhunting him among several other people. I know, for a fact, he will do a thorough job and take Bua to greater heights”, Adesoji maintained.

Also, the Second Deputy President of the Chamber, Chief Emeka Obegolu said: “We wish you all the best as you take up yet another challenging engagement even as we know you are a round peg in a round hole”.

Meanwhile, other Executive and Council members of the Chamber have also sent in their congratulatory messages immediately the news of the appointment was shared on its platforms.

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Our Regulatory environment is not working - ACCI President A call has been made to the heads and operatives of regulatory agencies to wake up from their slumber and face their functions frontally so as not to stifle the Nigerian economy. clearance from bodies like PENCOM, ITF and all kinds of compliances.

“These are roadblocks the agencies are putting on the way and for you to skip over them, you have to pay some alternative charges or whatever it is called. All these add to your cost and you are not competitive.

This call was made by the President of Abuja Chamber of Commerce and Industry (ACCI), Prince Adetokunbo Kayode, CON., SAN while making his presentation at the Ease of Doing Business (EODB) conference organised by the Delegation of German Chamber of Commerce and Industry (DGCCI) held in Abuja today.

According to Prince Kayode, Nigeria is not competitive because the regulatory environment is dysfunctional and made to be too hostile to the business community.

“We are not competitive because our regulatory environment is not working. From my experience as a business lawyer for 27years and went into government for about 5 years and back to business in the past 8 years now.

“I have been involved in different levels of business such as agriculture, a bit of mining and a little bit of manufacturing; agro-processing as well as a Chamber administrator, I know these and I feel it. I know the challenges.

“What I want to say is that there are key organisations that are affecting business. Nigeria Customs Service (NCS), Nigerian Ports Authority (NPA), National Agency for Food Drugs Administration and Control (NAFDAC) and some secret ones like the Federal Inland Revenue Service (FIRS). FIRS can collect tax. But what about the roadblocks on our roads everyday.

“In every year you must get your tax clearance which is free in principle. But who has ever gotten a tax clearance free here? I have never. You have to pay. They are called alternative payments. And you have to get all kinds of 40

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“With all due respect to top government officials who are trying to justify border closure. There is nothing like border closure so far as we are concerned. It is a joke. This is because we know we have porous border because they were artificial creations of the colonial masters. That’s one. Two, These borders are not properly manned. Three, we know is extensive movement in and out and there is smuggling going on.

“We know that only about 10% of our borders are manned leaving the 90% porous. So which border are they closing?

“We have to reform the customs and make them know the weight of the work they do and the impact on our economy ditto the other agencies”, Prince Kayode strongly advocated.

Earlier in his speech, the Head of European Union mission in Nigeria and West Africa, Mr. John Taylor said there are several complacencies in the system that needs to be strengthened in order to develop the economy.

Mr. Taylor also said the Apapa port which is supposed to add impetus to economic growth has failed to do so due to poor infrastructure, lack of basic equipment and corrupt system have dealt a big blow on the country’s efforts to develop its economic potentials.

Organizer approach ACCI to facilitate participation of Nigeria in Africa Sante Expo 2020 The meeting facilitated by ECOWAS and FEWACCI was aimed at discussing innovative ways and strategies to attract the Nigerian Organized Private Sector or business community to the 3rd edition of the event.

The event, according to the organizer, Mrs. Linda Kibore, is scheduled to hold from 1st - 3rd April, 2020 in Abidjan Cote D’Ivoire and is aimed at bringing to fore issues in health and public hygiene as they affect global existence.

With the theme: Health, Beauty, Wellness and New Solutions adapted to Africa, the Organizer said it was going to be a big package cutting across business activities such as exhibition, conference, roundtable, charity action as well as free screening and consultations.

On the arrangement, she said, there are going to be 300 booths, 15,000 visitors, 100 conferences, 3,000 free screening and consultations as well as 300 national and international experts drawn from 40 countries and 5 continents.

Responding, Dr. Johnson Anene, the ACCI VP Mines said the Chamber was sufficiently informed about the event and will help to mobilise the Nigerian business community to participate at the event.

He also explained the strides of the Chamber as well as the specialised functions of the 4 Centres of the Chamber.

During the open session after presentation, Dr. Aliyu Idi Hong also called on a need for the Organizer to do

targeted invitation of Nigerian key stakeholders who will mobilise their members to key into the event.

Dr. Sunday Kayode suggested that since Nigeria was a Guest Country during the event, it will be good to contemplate bringing the next edition of the event to Nigeria, as the biggest economy in the region, to bring issues to the front burner. This suggestion was well received and Nigeria was immediately named as the 2021 host of the Expo.

The DG of ACCI, Ms Victoria Akai assured of the support of the Chamber towards ensuring that ACCI members are adequately sensitised/mobilised about it.

Earlier in their separate remarks, the Administrator of the ECOWAS President’s office, Mr. Traore Kaloli and FEWACCI CEO, Mr. Aminou Akadiri appreciated the support they have enjoyed from ACCI and promised to continue to participate in its activities and scale up the relationship.

The guests were taken round the events, training and conference facilities of the Chamber during which they expressed satisfaction with them and promised to utilise them in some of their upcoming activities.

Also speaking, the Executive Director of Nigerian Export Promotion Council (NEPC) Mr. Segun Awolowo said, the systems in the Council have been strengthened with the aim of optimally performing its assigned statutory duties.

According to him, all critical agencies carrying out functions that aid their operations have been integrated into the modus operandi and technology is driving same.

Mr. Awolowo was represented at the event.

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ACCI, UAE discuss areas if cooperation to deepen economic ties The President of Abuja Chamber of Commerce and Industry (ACCI), Prince Adetokunbo Kayode, CON., SAN this day paid a partnership building visit to the Ambassador of the United Arab Emirates (UAE) to Nigeria, HE Dr. Fahad Al-Coil.

Discussion centred on the need to deepen economic relations between the two countries which will be driven by the respective chambers of Commerce in view of the strategic importance they have on doing business.

Prince Kayode who explained the activities and mission of the chamber as well as its activities that have greatly impacted on the economy of the nation said, he was visiting to unveil that Chamber to the Ambassador, seek areas of partnerships/collaborations, tap from opportunities inherent among themselves as well as build an ensuring economic relationship.

Prince Kayode also said it was important for ACCI to deepen trade ties with Dubai Chamber of Commerce who organises series of annual events aimed at promoting business cooperation between UAE and Nigeria.

The President also unveiled 2020 calendar of activities to

the Ambassador during the meeting.

HE Fahad who said he was elated at the visit pointed out that the discussion with ACCI President has shown that there are several doors of opportunities that would be unlocked for the mutual benefits of both countries.

He assured that in both the Annual Investment Meeting holding in March and Global Business Forum taking place in November, he will personally facilitate the participation of ACCI President and linkage with the UAE Minister of the Economy.

He also promised to open discussion with Dubai Chamber to step up the level of cooperation it has with ACCI as a strategic steps towards sharing knowledge, experience, market intelligence report, embark on joint activities, sign important agreements etc.

According to him, the Regional Trade office of UAE which was moved to Ghana will be returned to Nigeria and ACCI will be made to play important role in it, promising to participate in the 2020 Abuja International Trade Fair.

Data Analystic Group Commends ACCI Transformation, Plans Centre for Emerging Technologies Data Analytics Privacy Technology (DART) has commended the massive transformation of the Abuja Chamber of Commerce and Industry,describing the positive changes at the ACCI as “ a national rebranding” Speaking while on a business meeting with the ACCI leadership,the directors of DART,Segun Adegbile and said they were at the chamber two years ago and expressed their satisfaction with the sudden infrastructural and structural changes they witnessed on this new visitation.

According to Mr Adegbile,”Whatever magic is applied to suddenly transformed this Chamber is laudable and commendable.The leadership deserves accolades”,the director said.

image .That is why we want to be part of this success story by hosting an International Centre for Emerging Technologies.

Adegbile said the capacity of the private sector is validated by the achievements witnessed at the Chamber,describing the ACCI as a star boy in Nigerian chamber sector.

According to the president,the restructuring of the ACCI is designed to position it as the leading prime Chamber not only in Nigeria but across the continent.

“We are ready to partner with you. We are pursuing a programme of innovations through multiple platforms and partnerships”,he said .

Also speaking,another co-director of DART,Olutoyin Oloniteru said “the positive change is a major rebranding of Nigeria as it shows the nation can do something great. “ It is a great contribution to giving Nigeria good 42

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“Considering the prime location of the Chamber,it tells the world Nigeria can deliver great initiative and projects”he said.

Responding, the President of ACCI,Prince Adetokunbo Kayode thanked the DART management for their kind words ,describing the successes recorded as the chamber as a collective efforts and passionate labour and support of all leaders and members of the ACCI.

Present at the event was the Director General of ACCI,Viki Akahi,Olawale Rasheed ,Coordinator Pllicy Centre.

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The Prince Kayode mandate to deepen economic ties between Nigeria and Sierra Leone A call has been made to the heads and operatives of regulatory agencies to wake up from their slumber and face their functions frontally so as not to stifle the Nigerian economy.

By Lubem Gena

A new role was bestowed on the President of Abuja Chamber of Commerce and Industry (ACCI), Prince Adetokunbo Kayode at gathering of the Sierra Leone and Nigerian business community in Nigeria took place in Abuja on 19th December 2019 at Transcorp Hilton which was attended by a cross section of major players drawn from the two countries.

He is to galvanise efforts, mobilise investors and set modalities in place to help in tapping the abundant resources in Sierra Leone by Nigerians. A role which he said, he has already made significant efforts to nurture to fruition.

Representing the President of Nigeria, Muhammadu Buhari was the Minister of Niger Delta Affairs, Sen. Godswill Akpabio who used the occasion to x-ray the cordial relationship between the two friendly nations whom he said have stood for each other all times.

Sen. Akpabio while delivering the heart-warming message of the President also emphasised the need for both countries to take very responsible and constructive steps towards ensuring that both countries open up new avenues for partners to establish businesses in the respective nations as a deliberate attempt to ensure shared prosperity.

In his speech, the Sierra Leonean High Commissioner to Nigeria, Dr Solomon Momoh Christopher Gembeh noted with excitement that the task of developing the African economy by Africans has gained momentum and the incumbent administration in Sierra Leone is favourably disposed to networking with their big brother, Nigeria to come on stage and play the usual critical role that will add impetus to the overall national development of his country.

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the shoulders of the ACCI President whom he described as a good friend of Sierra Leone whose concerns on integration of the continents economy is unprecedented.

As regards his personal touch, Gembeh sounded that, his mission to Nigeria on the new vision is to ensure that economic diplomacy is enhanced between the two countries consequent upon which the business community will use as launch pad towards achieving an accelerated socioeconomic development.

Coming out of long civil war, the low hanging fruits according to the envoy bubbling with investment opportunities include critical infrastructure like roads, bridges, Information and Communication Technology (ICT) facilities, agriculture and food, transportation services across air, water and road services, petroleum, housing, energy, industrial parks, amongst others.

Accepting the responsibility, Prince Kayode enthusiastically promise to ensure that the economic ties that binds the two countries are sustained especially as the marginal progress and efforts needed to rehabilitate, reconcile and reconstruct the brotherly nation are collective responsibilities of all well meaning players.

Prince Kayode also announces his firm belief that improved economic fortunes of Sierra Leone will go a long way in stabilizing the population with the effect of opening up more vistas of opportunities for Nigerian investors. He is to be directly supported on the mission

by Otunba Dele Oye Esq, the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) Second Deputy National President.

Riding on the respected and wide range experiences of presidents of both countries, approaching them to support investment drives amongst the two countries will be expedited and will be anchored on a win-win basis.

Emphasis were also laid on the quality of work done with the immediate past High Commissioner of Sierra Leone to Nigeria, Mr. Olufemi Marcauley who has constructively built a sustainable bridge of understanding amongst

between Nigeria and the new political leadership in Sierra Leone.

Meanwhile, Governor of Central Bank of Sierra Leone, Prof. Kelfala Kallon explained that, a lot of energy have been injected into stabilizing the micro and macroeconomic situation in the country noting also that such has created an enabling environment for the commercial banks of origin from Nigeria to carry out their businesses without any form of incumbrances. Out of the 14 banks in Sierra Leone, 9 are from Nigeria. Also, there is a plan underway to knock together a currency swap deal between the two countries.

Similarly, the Deputy Minister of National Planning in Sierra Leone, Abdulai Masiyambay Bangurah Esq summarized the essence of the business dinner to encapsulate the long standing diplomatic relations which dates as far back as 1961.

He added that both countries are enjoying a robust relationship due to their close cultural affinities, historical antecedents, shared norms or values as well as common interests which are direct anchored on the country’s favorable and investment friendly policies.

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This is a publication by Chamber Telegraph +234 (0) 803 787 2722 +234 (0) 806 445 3683

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