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Home » Namibia-Nigeria Volume Of Trade Hits $10m, Says Envoy

Namibia-Nigeria Volume Of Trade Hits $10m, Says Envoy

by Joshua
June 2, 2022
in Featured, News

The volume of trade between Namibia and Nigeria has hit 10 million dollars, says Mr Humphrey Geiseb, High Commissioner of Namibia to Nigeria.

HUMPHREY

Geiseb said this while briefing newsmen in Abuja on a wide range of issues centered on the country’s plan to deepen Namibia-Nigeria bilateral relations.

According to him, Nigeria has greatly supported Namibia; Nigeria was at the forefront in the agitation for Namibia’s independence.

“Nigeria in the 1990s started the Technical Aid Corps assisting Namibian people in rural areas; today over 4000 people resident in Namibia are Nigerians.

“Many of them are former Technical Aid Corps members who have chosen Namibia as their home after their contract expired.

“People to people contact between Namibians and Nigerians is quite high and, also after independence many Namibians are resident in Nigeria, but our number is minimal.

“Annually, we have 1000 travelers from Nigeria to Namibia; most of them are tourists and people going for business.

“Government officials do not need visas, because we have agreements between both governments, government officials and diplomats do not need visas to travel between our two countries.

“Our trade is around 10 million dollars a year and we are mainly exporting salt and electronics; there is a factory that has been built in Lagos to produce those Namibian electronics.”

“This is the 5th time that this Joint Commission will be meeting and it has stood the test of time.

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He extolled the African Continental Free Trade Agreement (AfCFTA) initiative and expressed the hope that outstanding challenges that hindered trade operations would be formalized, to boost trade among African countries.

He said that Namibia would continue to be open for business for Nigerian investors, adding that the country welcomed two companies from Nigeria in the nation’s charcoal industry.

“One is called premier charcoal owned by Business man from Lagos, the other one is called Tin charcoal owned by business people from Abia.

“We have also registered a company that is dealing in musical equipment, they are looking forward to use Namibia as a base to distribute and sell musical equipment of international brand to South Africa.

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