President Goodluck Jonathan has kicked off the implementation of the Diaspora Export Programme(DEP), designed to improve trade between Nigeria and other countries of the world in favour of Nigeria.
The president said during a meeting with the Nigerian
community in Nairobi, Kenya, that the programme, put in place by the
Ministry of Industry, Trade and Investment (MITI), would encourage the growth of small and medium enterprises owned by Nigerians at home and abroad.
He said this just as the two countries began mechanisms to
double trade between them within two years with the establishment of the
Nigeria-Kenya Trade and Investment Council.
Already, President Uhuru Kenyatta of Kenya has approved the
issuance of five to ten -year visas to genuine Nigerian businessmen
without restriction. He announced the approval while closing the
Nigeria-kenya Business Forum on Friday.
“One of my highest priorities as President of Kenya is to break
various barriers against investment and trade among African nations.
There is absolutely no reason why Africa should submit to poverty amidst
so many opportunities.
“People to people contact will solidify and encourage
businesses, especially between our two countries. To allow this to
happen and ensure that people travel with ease, without restriction, I
have instructed my cabinet secretary on interior to give five to
ten-year visas to Nigerian businessmen without any restriction,” he
said.
Jonathan urged Nigerians in Kenya to key into the DEP as a
veritable means of ensuring that trade between both countries improved
in favour of Nigeria, adding that Nigerian women in Kenya, who had
complained of not being able to start businesses, should liaise with
MITI on the steps to follow.
Minister of Industry, Trade and Investment, Mr. Olusegun
Aganga, said the objective of the Diaspora Export Programme(DEP) was to
“leverage on the presence of Nigerians living abroad, using their
individual and collective advantage in these countries to advance the
promotion of Nigeria’s non-oil export.”
According to him, the programme allows Nigerians in the
Diaspora to organise themselves into groups or business associations,
take advantage of trade and investment opportunities at home and export
made-in-Nigeria products to their various countries of residence.
This, he noted, would provide a platform to enable quick and
easy penetration of products and services of Nigerian origin into the
global market while also making Nigerians resident abroad to have
additional sources of income and become relevant both in their host and
home countries.
Meanwhile, the private sectors of Nigeria and Kenya have mapped
out strategies and put mechanisms in place to leverage on the
competitive and comparative advantage of their countries for win-win
trade and investment relationships.
Following the roundtable discussions between the private
sectors of the two countries, the Chairman, Dangote Group, Alhaji Aliko
Dangote, who led the Nigerian businessmen and also briefed participants,
announced an investment of $400million by the Dangote Group in the
cement sector in Kenya.
He said the two countries would collaborate in the areas of
tourism, agriculture and agro-processing, oil and gas, entertainment and
manufacturing, among others.
On the one hand, Nigeria will help Kenya develop its capacity
in the production of cassava bread, double its capacity at home and
support the Kenya Film Commission on local content while its banks,
beginning with Zenith Bank Plc, would invest in Kenya. On the other
hand, Kenya will help train Nigerians in wild life preservation, assist
in developing ICT innovations and invest in Nigeria’s cotton, textile
and garment industry, among others.
The two presidents, however, agreed that the fruitful
interaction at the Nigeria-Kenya Business Forum was the beginning of
good things for both countries.
“This is the beginning of great things that Africa holds for
all of us. We have the capacity, the ability and knowhow to transform
our continent. All we need is the will. And I can assure you that the
political will is there now for us to prosper,” Kenyatta declared.
“We don’t just have the political will to do what is right for
the two countries but the total commitment to ensure that our people
succeed,” Jonathan added.-Leadership
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