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Nigeria, Chad to set up joint business council

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The establishment of the joint business council is expected to foster bilateral relations between key public and private sector institutions in both countries.

Nigeria and Chad have agreed to set up a joint business council for the development of stronger commercial ties and the improvement of bilateral trade and investment flows between the two countries.

Trade and investment relationship between Nigeria and Chad predates the political independence of both countries. According to the statement, the joint council is the outcome of a meeting between the management of NIPC and a business delegation from the Republic of Chad led by Nigeria’s Ambassador to Chad, Sadique Abubakar and his counterpart, Ambassador of Chad to Nigeria, Abakar Saleh Chahaimi, in Abuja on Friday.

“Both countries recognise the potential value of the informal trade activities across their borders,” said Ambassador Chahaimi.

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