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Oando Supports US-Nigeria Business Relations in New York

The US Nigeria Council (USNC) for Food Security, Trade and Investment, an organisation dedicated to strengthening commercial ties between Nigeria and the United States recently hosted an exclusive dinner in New York with top US investors displaying keen interest in Nigeria.

The event was held on the sidelines of the recently concluded 72nd Session of the United Nations General Assembly. It was a platform to dialogue and build US-Nigeria commercial relations, with the aim of significantly deepening a new era of understanding and cooperation between the US and Nigeria.

According to a statement, the Group Chief Executive, Oando Plc, Mr. Wale Tinubu was in attendance at the private dinner that created a platform for US and Nigerian companies to deliberate on ways to build on Nigeria’s return to growth and deepen diversification.

The event was co-hosted by the Chairman of Flour Mills Nigeria Plc, John Coumantaros; the Chief Executive Officer of the Nigeria Sovereign Investment Authority, Uche Orji, and the Vice-Chairman of McLarty Associates, Ambassador John Negroponte.

Council members and dinner participants focused on an urgent need to further developthe Nigerian economy, especially after a recession.

Speaking on the success of the event, Tinubu said: “As we know, global firms and investors are increasingly drawn to Nigeria, Africa’s largest and most dynamic market, but navigating the rapidly changing business ecosystem requires strategic partnerships.

“Collaboration is essential to not only maximise an organisation’s potential, but also to grow and diversify the Nigerian economy. Meetings like these encourage tangible partnerships across both borders and allow for an upward drive of the economy.”

Tinubu applauded the Council for facilitating transactions between a very diverse set of stakeholders and expressed his hopes for even stronger and more impactful relationships in the near future.

“The commitment of Nigerian businesses to the USNC was demonstrated by the active participation of Tinubu Jim Ovia of Zenith Bank, Tunde Folawiyo of Yinka Folawiyo Group, Abdulrazaq Isa of Waltersmith, Kola Karim of Shoreline Energy, and Oscar Onyema of the Nigeria Stock Exchange,” the statement added.



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