Abuja to become trade hub in Africa in 2020, says chamber

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The Abuja Chamber of Commerce and Industry (ACCI) Ltd. is planning to make the Federal Capital Territory (FCT) one of the most powerful trade hubs in Africa before 2020.

This is contained in a statement issued by the 1st Deputy President of the chamber, Mr Adetokunbo Kayode, on Wednesday after performing the ground breaking of Shoprite mall at Air-port road, Abuja.

Kayode said since the chamber was established in 1986, it had been working to achieve its principal objective of promoting economic and industrial development in FCT and Nigeria in general.

“The chamber has remained on the part of advancement in ensuring that FCT becomes one of the most powerful trade hubs within the African continent before 2020,’’ he said.

Kayode said through effective networking, innovative and proactive business strategies, the chamber had attracted investments worth billions of dollars to the nation.

“The Shoprite is a clear testimony. Today marks another history in the chamber’s quest to make Abuja a `Dubai-like’ city.

“Plans are ongoing to build an all in-one First International Exhibition Centre within the ACCI premises that will accommodate seven star Hotel for International and local Exhibitors,’’ he said.

Kayode said the socio-economic benefits of the projects being executed by the chamber, through its partnership with host communities, local, state and federal governments, could not be over emphasised.

According to him, the chamber is going to aid in curbing unemployment in Nigeria and further propagate economic activities within the FCT.

He called on investors to channel their investments to Nigeria as the country remained one of the 28 African countries rank in the top 50 emerging and developing economies.

“The figure, according to the real GDP growth projections for 2017 which stood at 6.6 per cent, according to IMF outlook, portends great opportunities for investors.’’

Kayode stated that the use of affordable and scalable skilled human resources in Nigeria was another plus for potential investors. (NAN)

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