France Seeks Better Agrobusiness Relationship With Nigeria To Improve €3.53bn Annual Volume
The French Minister for Foreign Trade and Economic Attractiveness, Olivier Becht has said the French Government is interested in deepening tradewith Nigeria on agricultural exports.
Becht spoke during the launch of the Food fordigital trade platform designed by JR to help players within the agribusiness value chain gain access to the French market and the rest of Europe via trade.
Becht was optimistic that with the launch of the platform, trade relations between Nigeria and France on the agribusiness front would significantly improve.
“This platform marks a significant milestone inThe agri-food industry stands as a beacon for cooperation between our two nations.
“France, with its culinary heritage
Rotimi said the partnerships have brought growth, having signed an agreement with two French companies to train selected cohorts on agribusiness practices.
Expressing optimism that the Food for Nations platform would connect Nigeria to the European market, Rotimi said JR Farms is already in talks tothe first food cargo in Nigeria, in partnership with Air France.
“We want to collaborate withwe have these collaborations happening. Where we are is a product of collaboration. We want and economic ties between Nigeria and France.
the registration of JR Farms in France, we are also acquire some farmlands in France. We are in that process at the moment. France grain to North not West Africa? We are also looking at commodities here move to France.”
Meanwhile, the President of the Franco-Nigerian Chamber of Commerce and Industry, Usman Mohammed said Nigeria is France’s leading trading partner in Sub-Saharanaccounting for about 20 percent or €3.53 billion annually.
“France’s business and economiccontinued to grow in Nigeria. Nigeria is France’s leading trading partner in sub-Saharan Africa and the fourth largest in Africa behind Morocco, Algeria and Tunisia,” Mohammed said.
The French government, through its development agencies,various projects across the country in line with the Sustainable Goals Agenda (SDG). One of its agencies, the Agence Française de Développement (AFD) last year signed a €25 million grant agreement for the Northern Corridor project co-financed by the European Union for power is currently working with the federal government to fund the creative sector with about €100 million.
He said French companies likeand Schneider in Nigeria have also remained committed to doing business and impacting the environment.
“We see brands like TotalEnergies impact projects covering power, healthcare, education, and others with hugein the upstream sector of the Nigerian economy,” he said.
Fanmilk (Danone) has huge investments in backward integrationtheir products and the commissioning of its modern dairy farm in Odeda, Ogun Schneider Electric Nigeria is empowering local communities by promoting local sustainability initiatives and educational support.
There are SPIE oil and gas training programmes for young Nigerians in various skillAccess Bank Nigeria now has a functioning office in Paris with initiatives to ensure the flow of economic activities between both countries.
Mohammed also pointed out the efforts and activities of the other economic players like Business France; leading French business delegations to Nigeria in various sectors for prospection, the Economic Department of the Embassy, and the Franco-Nigerian Chamber of Commerce and Industry which have supported the growth of French-Nigeria business relations.