Connect with us

Business

Boosting Nigeria-Poland Trade Relations

Published

on

Until very recently, many Nigerian entrepreneurs were more comfortable doing businesses with West European countries, to the virtual exclusion of the East European nations which operated closed economies.

The reasons were not far-fetched! Effectively from 1945 when World War 11 ended, the famed Cold War — a period of the great ideological conflict between the West and East blocs — set in.

As a consequence, most countries in Eastern Europe were locked away behind the Iron Curtain, while operating closed and centralised economies that were unique to communist nations of that era.

With the end of the Cold War and the eventual collapse of the erstwhile Soviet Union in the early 1990s, however, the economic equation of Europe began to change.

As at date, many erstwhile East European nations have embraced democratic values of the West and consequently opened up their economies to the world.

Poland is one of such nations, which in 1989 shed its communist toga to embrace the capitalist credo and since then, its economic and political forays have known no bounds.

With a population of 40 million, Poland has thus far undergone a massive socio-political and economic transformation, which has ensured the prosperity of its people in all spheres of human endeavour.

For a visitor to the erstwhile communist enclave, the image of a very prosperous nation is discernible as all major towns and cities exude developmental characteristics.

There are broad roads with alluring greeneries on the sides, gleaming and well-maintained trams, exotic automobiles and fine architectural outlays, which typify the nation’s ancient and modern history.

The citizens also display unusual calmness, which perhaps, underscores their strong sense of security and contentment.

Beyond doubt, the citizens’ determination to rebuild their nation, especially Warsaw – the country’s capital, which was destroyed during World War 11, is discernible to any perceptive observer.

War historians say that Warsaw lost 85 per cent of its original buildings, among them, the country’s Parliament, during the war. Since the end of the war, however, the people have rebuilt the structures, recreating replicas of their original selves.

The Polish Deputy Foreign Affairs Minister, Ms Beata Stelmach, sheds light on the state of the Polish economy, saying that is had grown steadily at the rate of 4.3 per cent annually over time.

She said with some measure of pride that the Polish economy was unaffected by the last global economic meltdown, which pulverized the economies of many nations of the world.

In fact, some economists have said that the Polish economy had grown at such a dizzying pace that the country, which struggled to survive under communism barely 20 years ago, is now the sixth largest economy in Europe, overtaking The Netherlands.

On the political front, Poland is also the current President of the European Union (EU), a feat it could only have dreamt of two decades ago.

Nigeria’s Ambassador to Poland, Ms Asalina Mamuno, praised the growth of the Polish economy when she interacted with some Nigerian journalists, who undertook a study tour of that country between Aug. 28 and Sept. 4.

According to her, the communist Poland the world had known has now become history.

Mamuno insisted that there were vital lessons Nigerian investors could learn from Poland in terms of charting of economic directions, adding that even bigger nations as the U.S. and Russia were already learning some secrets of economic development from the Polish nation.

“Poland has potentials; they are a hard-working people. There is a lot to see here, a lot to learn; they are a talented people. We should have used them to build Abuja.’’

Analysts point to outstanding achievements of Poland in areas as ship-building, railway, alternative and renewable energy, military hardware, tourism and environmental maintenance.

In the construction and agricultural sectors, analysts stress that the Poles have held their own, recalling that a Polish firm – Navimor Invest, with a yearly turnover of over $60 million, built Nigeria’s Nigerdock Shipyard in Lagos in 1986.

Mr Tomasz Marcinkowski, a manager in the company, said that his company was also into hydro-technical construction and the development of power plants, seaports, cement pontoons and harbours, among others.

He bemoaned that Polish entrepreneur largely lacked information on business opportunities in Nigeria, even though they were quite willing to come over to do businesses.

Equally noteworthy is the interest picked in the Nigerian market by a Polish military hardware company — Bumar Group, considered the biggest military hardware company in Europe with a 40-year track record of operation.

Officials said that the group was interested in working with Nigeria’s Defence Industry Corporation (DIC) in the areas of technology.

Nigeria is on record to be Poland’s largest trading partner in West Africa and second in Africa but Mamuno insists that trade relations between the two nations, which began in the 1960s, was still at low and unequal ebb of 90 to 10 in favour of Poland

“Economically speaking, not much success has been recorded between Poland and Nigeria in the area of trade and investment but there are lots of areas we can explore, especially in agriculture.

“They have a good farming scheme and since agriculture is important to our transformation agenda, I think we can engage the Poles. ’’

She identified alternative energy sourcing as another area where Nigerian businessmen could key into the Polish expertise so as to regenerate the nation’s energy sector.

“Ninety per cent of Poland’s power is derived from coal; they also have a clean development mechanism, a technology that can reduce environmental pollution caused by coal. ’’

Mamuno said that some Polish investors had already shown interest in the use of Nigeria’s palm kernel as a renewable energy source — a move she described as a positive development.

A top official in the Polish Foreign Affairs Ministry also hinted that Poland was considering buying Nigeria’s coal to power the country’s energy facilities in a deal that could last for 10 years initially.

Stelmach said that Poland, on its part, would be willing to assist Nigeria in solving its power problems once both countries fostered their relationship.

“There is a need for study tours for businessmen as well as workshops and seminars. I will be satisfied if more companies from Nigeria come to Poland; there will be no obstacles to such initiative. ’’

The Polish Ambassador to Nigeria, Mr Przemyslaw also stressed the need for entrepreneurs of both countries to synergise. An immediate action in this direction, he said, was the simplification of visa procedures at both ends.

Niesiolowski said that the Polish embassy would not place any obstacles on the way of genuine investors and businessmen, saying: “If we meet such reliable people, we can hook them up with reliable partners. ’’

He recalled the participation of six Nigerian businessmen in the Polish International Trade Fair in Warsaw recently, describing it as a promotion of “people-to-people diplomacy’’ — a key component of trade relations.

From Nigeria’s end, Mamuno stressed the need for businessmen to always liaise with the nation’s embassies and missions abroad once they desired to undertake any international business deals.

“Most times, once people get their visas, they embark on business trips and deals privately without consulting us but when they go wrong, they start coming to the embassy for assistance. ’’

Observers say that while the consolidation of trade relations between both nations is imperative, there is, however, the need to engender thrust between the peoples, while economic information data base must be readily available.

Mr Marek Zelazko, Head of the Polish Chamber of Commerce, decried the lack of business contacts and platforms where businessmen could interact and exchange ideas and initiatives.

Zelazko underscored the necessity for a renewed partnership agreement, to be signed by both countries, which would be an improvement on an earlier one signed in 1998 by his association and the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA).

“The agreement was not fruitful to both countries; there is need to resuscitate the agreement by way of developing people-to-people diplomacy as it is the main force that will drive the framework. ’’

He also suggested the establishment of a Poland- Czech Republic-Nigeria Tripartite Joint Commission to promote economic co-operation among the three nations.

According to him, regional co-operation will expand investments and open up new market opportunities.

On his part, Alhaji Umar Gambo, a Nigerian businessman, who also does business in Poland, stressed the need for creation of increased awareness so as to properly educate businessmen on the opportunities that abound in both countries.

Gambo, who deals in technology systems, decried the low level of trade between Nigeria and Poland and urged the Nigerian government to take the lead in facilitating the international trade relation.

Apparently mindful of these viewpoints, the two countries have begun work on a Memorandum of Understanding (MoU) to guide economic relations between them.

Mamuno said that Poland produced the draft document while Nigeria was still evaluating the contents so as to harmonise issues for mutual benefits.

In what appears to be a determined effort to promote Nigeria’s international trade relations, the Federal Government recently established trade desks in all its embassies and missions abroad.

The objective, officials say, is to fill any information vacuum and offer potential investors in foreign lands details of business and investment opportunities which abound in the country.

Economic analysts say that while this measure is commendable, government must ensure that the desks are well funded, to enable them effectively discharge the mandate for which they were established in the first instance.

They insist that the funding must be prompt and adequate to save the desk officers from the financial embarrassments faced by some foreign mission staff lately due to the inadequacy of funds to operate effectively.

Salihu is of the News Agency of Nigeria (NAN)

Habiba Salihu

Continue Reading

Business

RIVERS NDC STANDARD BEARER CAUTIONS AGAINST TRIBAL POLITICS IN 2027

Published

on

Governorship candidate of The National Democratic Congress (NDC) in Rivers State, Chief Dumo Lulu-Briggs, has called on politicians and other stakeholders in the state not to make the governorship seat of Rivers State an ethnic agenda.
Chief Lulu-Briggs, who said this in an interview with newsmen shortly after arrival from Abuja, also blamed the alleged unenviable position of Rivers State among the comity of states in the country on the political class.
He said stakeholders must avoid a situation where the state would be plunged into another round of political crisis, adding that given the ethnic and cultural diversity of the state, it was necessary to give everyone a sense of inclusion by ensuring that the governorship seat rotates among the ethnic nationalities.
The NDC governorship flag bearer condemned the alleged intimidation of the electorate, noting that the situation has underdeveloped the state.
He said, if elected, his administration would provide the democratic dividends that will improve the lives of the people.
In a similar development, the state chairman of the National Democratic Congress (NDC) Rivers State, Mr Success Jack, says his party will run an all inclusive government in the state.
Mr Jack, who spoke to newsmen in Port Harcourt, promised that an NDC controlled government will always consult with the people before taking any decisions.
According to him, based on his party’s ideology of “Solid, Strong Accommodating”, the NDC offers hope to the hopeless and the downtrodden.
“We assure you that we are fully ready. Our party is a platform that is open to everybody whether APC or PDP, we offer hope. Our ideology is Solid, Strong, Accommodating. The manifesto of our party is anchored on the ideology of providing genuine service to the people”.
Mr Jack also stressed that the policies of an NDC government would be crafted in such a way and manner that serves the primary and secondary interests of the people.
“This is not what you find in other parties.What you find in other parties is utmost impunity, absolute impunity, where the people are not included, they are not consulted and so their opinion does not count, they don’t know what government wants to do because they didn’t contribute to what government wants to do.
“That’s not the case here. We listen to the people, even provide the way forward, (and) the details for the way forward because we provide the framework as a government but the people will provide the details because they are the ones that wear the shoes and they know where it pinches them”, he said.
By: John Bibor
Continue Reading

Business

Navy Upgrades  Infrastructure To Tackle Security Threats —— CNS

Published

on

The Nigerian Navy says it is expanding its infrastructures and training to tackle  emerging security threats
Navy also said the service is aimed at strengthening operational efficiency across formations and units nationwide.
Chief of Naval Staff, Vice Adm. Idi Abbas stated this during the inauguration of projects at the Nigerian Navy Basic Training School (NNBTS) in Onne, Rivers,  as part of activities marking the Nigerian Navy’s 70th anniversary.
Represented by the Flag Officer Commanding, Naval Training Command (NAVTRAC), Rear Adm. Ebiobowei Zipele,  Abbas said the projects reflected significant progress made by the Navy since its establishment in 1956 from the British Royal Navy.
“Training and infrastructure have improved significantly to meet contemporary security challenges and fulfil the Navy’s constitutional responsibilities.”
According to him, the anniversary provides the navy an opportunity to reflect on its achievements and contributions over the past seven decades.
Projects inaugurated included a remodelled female trainees’ hostel accommodating more than 500 occupants and an expanded golf course upgraded from one to nine holes.
Others facilities include the NNBTS fuel dump, Chief Boatswain’s Mate House, renovated pharmacy department and a new theatre block at the Naval Medical Centre, Onne.
Abbas described the new theatre as a major milestone for the navy’s medical services.
“Previously, injured personnel requiring surgeries were referred outside the facility.
With this theatre, surgeries can now be conducted within the base”, he said.
He added that a 30KVA inverter had also been installed to guarantee uninterrupted electricity supply at the training school.
The Naval chief assured officers, ratings and trainees that the Navy leadership remained committed to their welfare and wellbeing.
“These infrastructure upgrades show the commitment of the Chief of Naval Staff to addressing operational and welfare challenges promptly,” he said.
 NAVTRAC  also distributed  educational materials to pupils of Community Primary Schools One and Two, Ogale, in Ebubu-Eleme area.
Items distributed included exercise books, school bags and other writing materials as part of the navy’s civil-military engagement initiative.
Zipele said the outreach was designed to strengthen relations between the navy and host communities while supporting children’s education.
“Education remains critical to national growth and youth empowerment. Some of these pupils may eventually serve in the Nigerian Navy,” he said.
He noted that the initiative demonstrated the navy’s commitment to educational development, peace, security and sustainable community relations.
Zipele urged the pupils to remain disciplined, focused and committed to their studies while embracing patriotism, integrity and hard work.
He thanked the Ebubu community for its continued support for the naval training command headquarters and the navy.
By: CHINEDU WOSU
Continue Reading

Business

Airport Road Remains Only  For Airport Activities —-Gov. Fubara

Published

on

Rivers State Governor, Sir. Siminalayi Fubara says Airport road will soon be accessible only for Airport activities in the state.
The Governor said this  recently while inspecting the level l0of construction work on the Igwuruta By-Pass Road project in Ikwerre Local Government Area.
The Governor who expressed optimism over the progress of work on the project, saying the By-pass road will reduced unrelated activities on  the Airport area in the state.
Governor Fubara explained that the By-pass road was designed in collaboration with the host community to address accessibility concerns while preserving the operational integrity of the airport corridor.
“So, we liaised with the community and created this By-pass,” he stated.
The governor further clarified the objective of the road project, saying it would provide the residents with a dedicated access route separate from the airport operations.
“The purpose of the By-pass is so needful that the community can have this as their own way, their own entrance, while the airport will remain only for airport activity once these roads are completed,” he said.
Providing an update on the pace of work, Fubara disclosed that the project had already achieved a major milestone in execution.
“So far, they’ve done about 65% of the job,” the governor announced,
 revealing that contractors handling the project had assured the state government of timely delivery.
He also expressed confidence that the bypass would be completed before October.
“They’re also promising that before October, the total project will be delivered,” he added.
By: Enoch Epelle
Continue Reading

Trending