Environment
Nigeria, Kenya To Sign JCC For Trade, Tourism
The Federal Government is set to sign a Joint Commission Cooperation (JCC) with the Kenyan Government to boost trade and investment between the two countries.
Nigerian High Commissioner to Kenya Akin Oyateru told our correspondent on the sideline of the Kenya/United Bank for Africa Business Luncheon, in Abuja on Monday.
Oyateru said that the cooperation of both countries would explore the various trade and investment opportunities, which he said, was “quite low”.
“When our two presidents meet tomorrow, assisted by their foreign ministers, we will be able to sign the joint commission cooperation agreement which is the mainframe work to regulate our relations with Kenya.
“You have the area of horticulture and floriculture and you know that Nigeria is one of the main importers of tea from Kenya; we do about N2 billion every year.
“The trade between Nigeria and Kenya is low compared to our political relations, but that is going to change when we sign the JCC.
“The turnover is in Kenya’s favour annually, we do a turnaround of about N6 billion, which is not much given the potential that we have.
“When we have that agreement on ground, it will be able to regulate the various multi-sections of our relations, and that will encourage more trade and investment between the two countries,” he said.
He said Nigeria had begun partnering with Kenya in the area of agriculture, adding that a Nigerian team would be visiting Kenya to explore the areas of wildlife and tourism.
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