Mexico Inaugurates Nigeria-Mexico Chamber of Commerce to Boost Bilateral Trade
The Mexican Embassy in Nigeria on Tuesday formally inaugurated the Nigeria-Mexico Chamber of Commerce (NMCC) and its new Board of Directors, marking a significant step towards strengthening trade and economic ties between both nations.
During the ceremony in Abuja, the Mexican Ambassador to Nigeria, Alfredo Miranda, described the chamber as a “new chapter” in the strategic, economic, and cultural partnership between Nigeria and Mexico.
“The NMCC will serve as a catalyst to support businesses from both countries, promote trade and investment, offer market intelligence, and foster mutual understanding,” he stated. He added that both nations, rich in heritage and ambition, must now “work together as powerhouses” for their respective continents.
Speaking on behalf of the Minister of Foreign Affairs, Yusuf Tuggar, Ambassador Anderson Madubuike emphasized the chamber’s role in advancing globalization and strengthening bilateral relations. “There is so much both countries can do together in shaping the global economy,” he noted.
Minister of Livestock and Rural Development, Idi Mukhtar, also addressed attendees, expressing readiness to attract investment into Nigeria’s red meat and dairy sectors. “Nigeria currently imports over $1.5 billion worth of dairy products annually. We aim to boost local production and international competitiveness,” he said.
NMCC President, Arim Pete, highlighted the complementary nature of both economies and the chamber’s vision to unlock new trade opportunities. “This is a good time for NMCC. Mexico is the 12th largest economy globally with a GDP of $1.8 trillion, and we see great synergy with Nigeria,” she noted.
The event drew dignitaries from the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), private sector leaders, diplomats, and members of the business community.
Founded in 2014, the NMCC aims to facilitate trade, provide regulatory guidance, foster partnerships, and generate employment, innovation, and economic growth across both countries.