Canada and Commerce: A focus on Nigeria

The mechanism of commerce drives the economic growth of Canada. Some of the products exported by Canada to Nigeria include vehicles, manufacturing equipment, wheat, software, and aircraft whereas Nigeria exports mineral fuels and oils, cocoa, rubber and lead to Canada. A ratification process needs to be completed with regard to the Foreign Investment Promotion and Protection Agreement (FIPA) that was signed in Abuja Nigeria on May 6, 2014. A double taxation agreement is already in force since 1999 and this is good. Canada has always shown a high-level commitment to helping Nigeria reduce poverty and help support a more peaceful Nigeria with an understanding that productivity only happens on the grounds of peace. It is important to encourage more trade with Nigeria to seriously reduce the extreme poverty ravaging Nigeria. Our Centre (CACERMDI) would foster this trade and would review all the raw materials available in Nigeria and CACERMDI shall help to showcase them to Canadian investors.