Nigeria and Canada Collaborate on Trade Growth Initiatives

Nigeria and Canada are working together to promote data-driven investment aimed at enhancing trade growth between the two nations. Carlo Roja Arbul, Deputy High Commissioner of Canada to Nigeria, highlighted the importance of reliable data in attracting Canadian investments, particularly in the mining and oil sectors.

During discussions at the Lagos Business School, business leaders, academics, and policymakers addressed the need to improve data systems to create a predictable investment environment. Arbul noted that while Nigeria has vast mineral resources, inadequate data limits investment certainty.

The Canadian government is intensifying engagement with Nigeria through multiple trade missions, with a recent event attracting 220 participants from 31 Canadian companies. The discussions emphasized the importance of trust and ethical leadership in building commercial relationships.

Furthermore, Canada aims to showcase Nigeria's investment opportunities and success stories to close the perception gap that hinders stronger economic ties.