In the News
WTC ABUJA LAUNCHES HER MAIDEN WEBINAR SERIES
Trade being a vehicle of globalisation and an enhancer of competitiveness, making competitiveness synonymous with the measure of the performance or the growth potentials of a nation’s economy.
In the quest to build a robust trade ecosystem, the Trade Services Department of the WTC Abuja hosted the maiden edition of its webinar series on Tuesday, 14th February, 2023 with the theme “NIGERIA TRADE COMPETITIVENESS: IMPERATIVE FOR GROWTH”.
Present at the virtual event was the Minister of Industry, Trade and Investment, Otunba Niyi Adebayo and highly resourceful panelists who shared their knowledge and expertise as it affects the economic growth and development of Nigeria.
The Minister, in his keynote address discussed key pillars of trade competitiveness - Energy and Climate Change; Infrastructure; Food Security and Safety; and Competition Enablers. In his remarks on energy and climate change, the Minister said, “A key component of trade competitiveness is the cost of production and energy cost and availability is pivotal to this conversation. Energy use is crucial for almost every conceivable aspect of development. Nigeria has historically faced challenges in its Energy Sector which greatly affects the business environment; our unmet energy needs are significant and we expect that future demand will be even greater due to our expanding population and urbanization”.
He also explained that, “Nigeria Energy Transition Plan has been introduced and designed to tackle the dual crises of energy, poverty and climate change and deliver SDG7 by 2030 and net-zero emissions by 2060. The long-term sustainable solution is pursued with the focus on value addition and productivity in the economy. This is well articulated in our medium-term economic plan 2021 – 2025”.
Earlier, in his remarks, Mr. Vinay Mahtani, Group Managing Director of Churchgate Group/WTC Abuja explained, “the webinar served a critical role in shaping the future of our national economy, offering a platform for us to collectively brainstorm and implement strategies for a more competitive and sustainable future”.
This was an interactive session, attended by stakeholders in diverse industries, members of academia, etc. to emphasize the need for building a strong market position for Nigeria and outline recommendations that are imperative to unlock the constraints to growth, development, and expansion of Nigeria’s Trade competitiveness.
2024
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WTC ABUJA BUILDS STRATEGIC PARTNERSHIPS WITH MOUS -
Abuja, Nigeria – December 2024 – The World Trade Center (WTC),
Abuja, Nigeria’s premier trade hub, has
advanced its mission of fostering economic development and innovation by
signing two transformative Memorandums of Understanding (MOUs). These landmark
agreements, forged...
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ICONIC SAPPHIRE SOIRÉE HIGHLIGHTS WTC ABUJA'S YEAR -
Abuja, Nigeria – December 6,
2024 – The
World Trade Center Abuja hosted its prestigious annual End-of-Year Business and
Networking Cocktail, themed “Sapphire Soirée”, at the Outdoor Reception
of the WTC Abuja Commercial Tower. The event celebrated a year of exceptional
ac...
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WTC ABUJA & MUSIAD NIGERIA INKS MOU ON TRADE TIES -
In
a landmark moment for Nigeria-Turkey business relations, the World Trade Center
Abuja and MUSIAD Nigeria have officially signed a Memorandum of Understanding
(MoU), marking the beginning of a new era of collaboration aimed at enhancing
trade and investment opportunities...
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WTC ABUJA BRIDGES TRADE PARTNERSHIPS WITH TURKEY -
The
World Trade Center Abuja continues to make strides in fostering international
collaboration and business partnerships, as demonstrated by its active
participation in the grand opening of the MUSIAD Nigeria Branch. The event,
held at the Embassy of the Republic of TĂĽrki...
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WTC Abuja Celebrates South Africa's 30th Freedom -
On May 10th, the World Trade Center (WTC) Abuja
proudly joined the South Africa 30th Freedom Anniversary celebration at the
distinguished Abuja Continental Hotel, hosted by the South Africa High
Commission. This vibrant event, themed "South Africa's Freedom and
Unbroken Di...
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WTC ABUJA EXPLORES BELGIAN-NIGERIA TRADE RELATIONS -
Stakeholders from Belgium
and Nigeria came together at the Residence of the Ambassador of Belgium on
Thursday, 25th April 2024, for the Belgian-Nigerian Cocktail Reception,
following a precursor event in Lagos on April 22nd. This gathering aimed to
strengthen bilateral tra...
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WTC ABUJA’S MEMBERSHIP ENGAGEMENT IN INDIA B2B -
The High Commission of India recently hosted a dynamic
Business-to-Business (B2B) meeting on the 29th of April 2024, marking a
significant milestone in fostering bilateral relations between Nigeria and
India. Esteemed dignitaries, including Shri Amardeep Singh Bhatia, Addit...
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MUSIAD REINFORCES TRADE TIES WITH WTC ABUJA -
WTC
Abuja hosted a significant meeting with MUSIAD Nigeria on Friday, 26th April
2024, facilitating discussions and paving the way for potential business opportunities
to strengthen bilateral trade relations between Turkey and Nigeria.
Attendees
explored avenues of coll...
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WTC ABUJA'S IMPACTFUL PRESENCE AT WTCA'S 2024 GBF -
World
Trade Center Abuja (WTC Abuja) recently showcased its proactive role at the
54th World Trade Center Association (WTCA) Global Business Forum (GBF), hosted by
the World Trade Center Bengaluru, India. Held from 3rd to 6th March 2024, the
event was a convergence of mind...
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WTC ABUJA AND CAIRO FORGE STRATEGIC PARTNERSHIP -
In a significant
move aimed at fostering economic cooperation and bolstering trade relations
between Nigeria and Egypt, World Trade Center Abuja and World Trade Center
Cairo have signed a Memorandum of Understanding (MOU) on the global stage
during their participation at t...
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