120 French businesses exist in Nigeria – Ambassador

Peugeot Automobile of Nigeria. [Photo credit: NairaCareer]

The Ambassador of the Federal Republic of Nigeria to France, Modupe Irele, on Monday disclosed that there were currently about 120 French businesses located in different parts of Nigeria.

Ms. Irele told the News Agency of Nigeria in Lagos that Nigerians were also prepared to go into partnership with more French companies in adding value to Nigerian products.

“Nigeria is France’s largest trading partner in Africa. There are currently approximately about 120 French businesses that are active in Nigeria.

“And Nigerian businesses are increasingly seeking out those partnerships that would add value to the diversification drive, and improve the quality of non-oil exports.

“Nigerians want partnership in improving the quality of cocoa butter, fat and oil, frozen shrimps and prawns, ginger, sesame seeds, among others.

“The French, like many other business people, are showing interest in Nigeria’s drive to improve the ease of doing business in Nigeria,’’ she said.

According to her, Nigeria currently remains France’s fifth-largest supplier of natural hydrocarbons and its leading supplier in sub-Saharan Africa.

She said that President Muhammadu Buhari’s visit to Paris during the One Planet Summit, had presented the opportunity for France and Nigeria to further strengthen their bilateral relations.

Ms. Irele said that the Ondo State Governor, Oluwarotimi Akeredolu, who was on the President’s entourage used the opportunity to meet with French officials on how to promote agricultural development in his state.

“The meeting was aimed at promoting the development of agriculture in the state.

“It was also to facilitate large scale production of cash and food crops, especially tree species, used to produce the most exotic timber in Nigeria,’’ she said.


Support PREMIUM TIMES' journalism of integrity and credibility


Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.


NEVER MISS A THING AGAIN! Subscribe to our newsletter

* indicates required


Now available on

  Premium Times Android mobile applicationPremium Times iOS mobile applicationPremium Times blackberry mobile applicationPremium Times windows mobile application

TEXT AD: New Discovery! Click Here To See A Miracle Device That Can Cure DIABETES, BLOOD PRESSURE, STROKE, ARTHRITIS, PAINS, OBESITY And 50 Other CHRONIC DISEASES Without Drugs Or Herbs.. Click Here Now To See It

All rights reserved. This material and any other material on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from PREMIUM TIMES.