Rivers
Nigeria, Important Trade Partner To Indonesia – Minister
The Minister/Counselor for Economic Affairs, Indonesian Embassy in Nigeria, Tamel Vinsen Sinabutar, says Nigeria is an important trade partner to Indonesia in Africa.
According to him, Nigeria shares many commonalities and committed to develop biteral relationship to the next level.
Sinabutar said this in his opening remarks at a one-day Indonesia – Nigeria Business Forum, organised by Indonesia Trade Promotion Centre in conjunction with Port Harcourt Chamber of Commerce, Industry, Mines and Agriculture (PHACCIMA), at Swiss Spirit Hotel, on Thursday in Port Harcourt.
He equally said that it is high time for the two countries to work together using their creativity and initiatives to increase business relationships mutual progress and prosperity of both countries.
“For Indonesia, Nigeria is important to Indonesian trade partner in Africa. On the biteral context, the total trade between Nigeria and Indonesia from January to December 2021 was about $2.5 billion, with non-oil and gas exports of about $2.6 billion, an increase of 14 percent compared to previous year,” Sinabutar said.
The minister noted that there are avenues for improvement that can increase trade values in the near future, saying that the value of trade between the two countries will increase significantly if they are all committed.
Speaking at the event, the Rivers State Commissioner for Commerce and Industry, Hon. Ify Nwankpa advised the Indonesian Government to establish more companies and investments in Nigeria, particularly in Rivers State, because according to her, Governor Nyesom Wike has created the enabling environment for businesses to thrive as he has reduced insecurity to the barest minimum.
“After the business group visited me, I understood that we do export more than we import from Indonesia.
As individuals, we can travel to Indonesia for business, like to attend their trade fairs and other business forums. I can boldly tell you that Rivers State is safe for investments and investors, that is why you can see that businesses are thriving in the State following the peaceful nature,” she said.
Also speaking, the Director of Indonesia Trade Promotion Centre (ITPC), Lagos, Hendro Jonathan Manurung, said they are in Nigeria, particularly Rivers State to help grow businesses in Indonesia.
He revealed that there are companies in Indonesia which are eager to come to Rivers State to establish various types of businesses.
“We are aware that Rivers State was the place we had most of our palm oil seeds,” he said.
I noticed that food business can grow faster in Rivers State. We will ensure that we convince Indonesian companies to come and invest here as there is peace and harmony” he said.
By: Tonye Orabere
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