The Nigerian government will continue to support efforts to broaden the economy through multilateral financing.
President Muhammadu Buhari gave the assurance during a meeting with the President and Chairman of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, in Durban, South Africa.
President Buhari’s meeting with Oramah was a precursor to Monday’s opening ceremony of the 2nd Intra-African Trade Fair Conference in Durban.
“I appreciate the support you are giving Nigerian businesses and, by implication, the Nigerian economy.
“Rest assured you can count on me as you seek a better trade and investment climate in Africa,” President Buhari said.
On his part, Prof. Oramah reiterated that Nigeria is an important market for the bank with an exposure of 5.5 billion dollars, adding that it is so vital that it can continue to engage Nigeria at the highest level.
He also disclosed that Nigerian businesses got deals worth over 3.3 billion dollars during the first edition of the event in Cairo, Egypt.
Oramah further explained that Nigeria’s participation was essential as the largest economy in Africa, adding that Africa needs Nigeria as Nigeria needs Africa.
The President of the bank who came in company of the Secretary-General of the African Continental Free Trade Area (AfCFTA) Secretariat, Wamkele Mene, thanked President Buhari for honouring the invitation of the South African President to attend the Afreximbank-backed Fair, joining other Heads of State.