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Nigeria Exports Offer 30% Investment Returns, NEXIM Invites Mexico For Collaboration

November 27, 2023
by
Stella Okotete ()

In a bid to strengthen economic ties, Stella Okotete, Executive Director of Business Development at Nigeria Export-Import Bank (NEXIM), has emphasized Nigeria’s potential for investment returns.

Speaking during a visit from the Mexican Ambassador, Alfredo Miranda, Okotete highlighted Nigeria’s non-oil export sector, emphasizing that returns on investment, ranges from 7% to an astounding 30%.

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She urged Mexican businesses to consider partnerships, highlighting opportunities for  landscape for foreign investors in Nigeria.

Okotete also hinted on Nigeria’s untapped mining sector, extending an invitation for collaboration to develop this area for export purposes.

Ambassador Miranda acknowledged the significant strides made by NEXIM to promote non-oil exports, pointing out Mexico’s $1.4 trillion economy and the potential for mutually beneficial trade between the two nations. He stressed the importance of identifying opportunities in both countries to boost trade, investments, and financing for their development.

The visit aims to deepen trade relationships and explore avenues for economic growth, showcasing a pivotal step in fostering a robust partnership between Nigeria and Mexico.

Emmanuel Ochayi
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Emmanuel Ochayi

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