ACCI Encourages Indian Energy Manufacturers To Set-up Factories in Nigeria
The First Vice President of Abuja Chamber of Commerce and Industry, Alhaji Al-Mujtaba Abubakar has urged Indian energy manufacturing companies to consider coming to Nigeria to establish their factories in Nigeria.
Alhaji Abubakar stated this on Friday during a virtual meeting with the Abuja Chamber of Commerce and Industry (ACCI), Transmission Company of Nigeria (TCN), the Indian Electrical & Electronics Manufacturers Association (IEEMA) and the Indian High Commission in Nigeria.
The meeting was aimed to have focused discussions on expanding the Partnership of Nigeria and India in the Power Sector domain through the Embassy support, and to inform Nigeria of an E-connect virtual market where B2B stakeholders hold meetings from across the globe.
He said Nigeria with a population of over 200million produces less than 100 megawatts adding that there is big opportunity for Indian suppliers for Nigeria’s huge market.
Al-Mujtaba gave the assurances that the Chamber will give all the necessary support and full cooperation when needed.
Also speaking, the Managing Director of Transmission Company of Nigeria (TCN), Suleiman Abdulaziz said TCN has a lot of Contractors from India noting that alot of Nigerian energy supplies come from India.
He said Nigeria will participate in the E-connect business meetings, commending the quality of Indian products and goods that Nigeria is buying.
He also said Nigeria would appreciate it if the Indian manufacturers set up their companies in Nigeria stating that “We don’t want to remain consumers, we want to be producing as well”.
He also noted that it will be an opportunity for the Indian side given that Nigeria is currently expanding its Grid.