President Emmanuel Macron of France has inaugurated The France-Nigeria Business Council; a private sector initiative to help improve business relations between Nigeria and France.
The Founder/ Chairman of Nigeria’s BUA Group, Samad Rabiu has been chosen as the president of the France-Nigeria Business Council.
Gilbert Chagoury of Chagoury Group, Mike Adenuga of Globacom and Conoil, Aliko Dangote of Dangote Industries, Tony Elumelu, Chairman UBA & Heirs Holdings, and Herbert Wigwe, CEO, Access Bank have been chosen as the Nigerian members of the council.
Dassault and Total Energies, and the biggest companies in France have also been appointed as members of the council.
Rabiu, who spoke at the inaugural meeting of the council, which was held in Paris, thanked Macron for his vision in establishing the French-Nigeria Business Council. He said the council has led to a reset in the business partnership between Nigeria and France and has also given both countries the opportunity to partner and improve business ties.
“Nigeria is blessed with numerous potentials for French companies to do business across different areas, notably solid minerals and mining, manufacturing, agriculture, associated equipment, power, food processing and even in the business of associated equipment or infrastructure for the value chains of these sectors,”Rabiu said.
‘’Where French businesses have formerly been risk-averse or outrightly unable to do business with Africa’s largest economy, they can now be assured of a platform through which they can penetrate and mutually grow the market.
‘’And where Nigerian companies had not seen French companies or the French market as a viable destination due to a lack of information, they can now be sure of a platform to facilitate this. This is all thanks to President Macron’s foresight and vision.”
Rabiu who thanked the French president for appointing him to be the first President of the Council also promised to use the initiative to create better business opportunities for both Nigeria and France.