Nigeria-Brazil trade volume to increase as Brazil celebrates Independence
Consul General of Brazil in Lagos, Ambassador Francisco Carlos Luz has vowed that last year’s trade volume between the two countries will certainly receive a boost this year with the projection of Brazil’s export to Nigeria hitting US$67.85 million by the end of this quarter which is also in line with Trading Economics Global macro models analysis.
Luz made this disclosure at the Consulate General office in Lagos during his interaction with the media where he announced the celebration of the bicentennial anniversary of the independent Republic of Brazil slated to run between September 6 and September 10, 2022.
While Nigeria’s volume of trade last year stood at $156 billion, Brazil’s was $2 million.
He disclosed that the opening ceremony of the bicentennial anniversary would feature Brazil’s Bicentennial Tourism Day with the theme: ‘Developing a Sustainable Framework for Nigeria-Brazil Tourism Enhancement’.
He revealed that the event would be declared open by Nigerian Ambassador to Brazil, Ahmad Muhammed Makarfi while panelists include former Nigerian Ambassador to Brazil, Amb. Christ Okeke who will talk on Culture, Country Manager, Qatar Airways, Kennedy Chirchir, who will take stakeholders on aviation, President, Federation of Tourism Association of Nigeria, Nkereuwem Onung, will give talk on Tourism in Nigeria, among others. He also announced the Brazil 200th Independence Day Dinner to come up at Eko Hotel & Suites in the evening.
Luz said that the Bicentennial Anniversary’s Official Reception will take place on the second day of the commencement at Eko Hotel & Suites while Nigeria-Brazil Business Forum will take place on the third day of the programme at Eko Hotel & Suites, among others.
He further disclosed that his country has signed an agreement of the Agricultural Mechanisation Project with Nigeria to help farmers in the country.
He added that the machines would be assembled in Nigeria such that as similar machines have assisted in boosting agriculture in his country, it will also provide jobs for Nigerians.
He made it known that a lot of students are studying in Brazil as the country has opened its door for Nigerians to study there.