Nigeria, Netherlands agree to deepen trade, investment opportunities



Nigeria, Netherlands agree to deepen trade, investment opportunities

By Emmanuella Anokam

The NigeriaNetherlands Bilateral Working Group (BWG) highlighted the strategic partnership and continued bilateral relations between Nigeria and the Netherlands to boost trade and investment.

This was jointly agreed upon at the end of the first annual meeting of the Nigeria-Netherlands Bilateral Trade and Investment Working Group on Tuesday in Abuja.

Amb. Samson Itegboje, co-chair of the group, speaking to reporters, noted that as Nigeria is the Netherlands’ biggest trading partner in Africa in 2020, there is a need to strengthen relations.

Itegboje acknowledged the investments of the Dutch Development Bank as well as the projects funded by the Dutch Ministry of Foreign Affairs and the Netherlands Enterprise Agency (RVO).

He said these contribute to better access to finance and development, while providing an enabling environment for young entrepreneurs and green economic growth in Nigeria.

The Nigerian News Agency (NAN) reports that the meeting discussed priority areas for economic collaboration as well as trade and investment opportunities.

Itegboje, also director of the Department of International Organizations, noted priority areas such as agriculture and horticulture; Green economic growth; Life sciences and health, youth employment, entrepreneurship and ICT.

In the context of agriculture and horticulture, he focused on collaborative seed and dairy development programs, the National Livestock Transformation Program (NLTP) and exploration of the ‘technical support for breeding and the rehabilitation of pasture reserves.

“The parties agreed to collaborate on the Nigeria-Netherlands seed partnership, dairy development, export promotion process and capacity for research and knowledge exchange,” he noted.

As part of green economic growth, the Netherlands reaffirmed its commitment to establish a circular business platform in Lagos and to connect Dutch and Nigerian companies in the recycled plastics and solar energy sector.

Other areas of mutual interest covered in the discussion included renewable energy and recycling, circular economy and solar energy to help achieve the climate change mitigation and adaptation goals in the Paris Agreements. .

Issues related to life sciences and health, as well as health insurance plans were also covered.

Regarding youth employment, entrepreneurship and ICT, he noted that parties recognized Dutch initiatives such as Orange Corners Nigeria, Work in Progress as well as support for the Next Economy program of SOS Children’s Villages.

“Nigeria reiterated the need to increase the number of beneficiaries, ensure gender balance and geographic space in the implementation of youth development programs in Nigeria by the Dutch.

“Nigeria has requested support for start-ups and micro, small and medium-sized enterprises (MSMEs),” the ambassador noted.

The meeting brought together participants from relevant MDAs, partner organizations from Nigeria and Dutch counterparts, Ambassador of the Kingdom of the Netherlands, Harry Dijk.

The others were: Permanent Secretary, Ministry of Foreign Affairs, Amb. Gabriel Aduda, and his industry, trade and investment counterpart, Dr Nasir Sani-Gwarzo, among others. (NAA)


Short Link:


NNN: :is a Nigerian online news portal that publishes breaking news in Nigeria, and across the world. Our journalists are honest, fair, accurate, thorough and courageous in gathering, reporting and interpreting news in the best interest of the public, because truth is the cornerstone of journalism and they strive diligently to ascertain the truth in every news report. Contact: editor @

Recent Posts

Global COVID-19 cases drop for 7th week – WHO Governors to hold virtual meeting on judicial, legislative autonomy PDP is focused to take over Anambra – state Chairman Football scouting programme begins in Ilorin NGF felicitates ex-Head of State Abubakar @79 Osinbajo urges counter narratives to superstitious beliefs about albinism A’Ibom Assembly passes 19 bills in 2 years Nigeria needs unifying, proactive leaders–Osinbajo Lagos Govt unveils emergency, security dispatch centre in Epe How church saved widow from harmful traditional practice – Catholic priest Insecurity: Edwin Clark calls for National Dialogue First lady meets wives of Service Chiefs, urges support for spouses Police arrest 7 suspected cult members in Lagos JUSUN commends Ngige for support during strike World Blood Donor Day: FG recognises voluntary donors for consistency Repositioning Nigerian MSMEs for AfCFTA Kano partners private firm on $162m first agro-industrial park –official G7 devt. finance institutions, others to invest $80bn into African businesses Ogun APC loses treasurer World Blood Donor Day: Nigeria needs 200m units of blood annually — NBTS Police foil robbery attack in Kaduna NNPC, Egbin collaborate to boost gas-to-power programme LASUTH to inaugurate 200-bed building Former labour minister urges new NSITF mgt. to embrace integrity Forum calls on governments to ensure adequate security of Nigerians Onyeama, Odusile, IOM for JIFORM Togo summit Niger community seeks support for kidnapped Chief, wives NATO summit opens with focus on solidarity China presents ‘systemic challenges’ to int’l order – NATO India reiterates support to cricket development in Nigeria Attacks: CP orders more personnel to Zaria Raw materials processing key to value addition, intra trade- Sealink Chairperson Sealink to commence operation in Q4 2021- Chairperson Inland waterways use will deepen African trade- Sealink UNICAL VC bags African teaching authourity award First person: a live antidote to disinformation in the Central African Republic NGO plans free learning in churches, mosques Activist wants governors to support judicial, legislative, LGA’s financial autonomy 2 die in Jigawa road accident Bauchi governor appoints new Chief of Staff Mortars still preferred to blenders – NAN survey Anambra governorship candidate pledges more dividends of democracy Global legal community steps up for refugees amid pandemic, providing 165,000 hours of free legal aid COVID-19: Nigeria records lowest infection figure in more than 1 year COVID-19 vaccine: UNICEF hails G7 commitment to sharing 870m doses COVID-19: ACT-Accelerator partnership needs $16bn to fill funding gap – WHO Tambuwal says PDP set to regain power Osinbajo, Fayemi laud Oba’s development efforts Gov. Masari restates commitment to water supply World Blood Day: 7m African patients need blood yearly – WHO