In addition to that, he said SA was a fairly significant supplier of things like polymer and polypropylene to the Nigerian market, some food products as well as, increasingly, machinery.
“It’s the political leadership of both countries recognising that if we can unlock the obstacles and challenges, then both countries can grow. We have heard about the enormous challenges Nigeria faces with unemployment and low growth and those are the exact challenges SA faces.” Furthermore, there needs to be protection from the rule of law. “Businesses must be entitled to repatriate dividends and one of the specific areas that the South African businesses have raised as a challenge is the difficulty in importing goods from SA given that there is a list of restricted products.
Fuzile said it was the responsibility of the South African government to establish the root causes of that.
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