We are in Nigeria to promote closer ties — South Africa

Ms Seema Sardha, the Director of Africa and Middle East Trade and Investment in South Africa, on Tuesday said that her delegation was in Nigeria to promote closer ties with the country.

Sardha, who led a delegation of 20 South Africans to Lagos, told Newsverge in Lagos that the South African government would continue to see Nigeria as a strong partner.

The director at the South African Department of Trade and Industry said that it was imperative for Nigeria and South Africa to close ranks to boost the continent’s socio-economic development.

“Nigeria, for us is actually our largest partner. We are hoping that in this particular mission, we would be able to further consolidate on our trade ties.

“We believe that we need to have more sustainable trade, and that we need to balance our trade this year and in the years ahead.

“We are already approaching more South African companies to come into
Nigeria, and set up more businesses in Lagos, as the Centre of Excellence.

“We strongly believe that that is the only way Nigeria and South Africa can jointly grow the continent, and grow the value addition in the chain that we really need,’’ she said.

According to her, there are currently about 120 South African companies spread across Nigeria.

The South African official also announced plans by more ICT companies
from her country to increase their investment in the country.

Sardha said that the visit had afforded her and members of the delegation to visit the Lekki Free Trade Zone, and interact with relevant Nigerian government agencies and other stakeholders.

She said the South African Department of Trade and Industry had the
strategic objective to facilitate transformation of the economy to
promote industrial development, investment, competitiveness and
employment creation.

The Director said the department also had the objective of building
mutually beneficial regional and global relations, to advance South
African’s trade, industrial policy and economic development
objectives.