LGC HOST 2019 CANADA-NIGERIA BUSINESS & INVESTMENT SUMMIT
Toronto, Canada witnessed another ground-breaking event as the maiden edition of the LGC Canada-Nigeria Business & Investment Summit took place in the city on 9 – 12 October 2019. The event meant to develop and strengthen trade and economic relations between Canada and Nigeria was sponsored and promoted by Leadership & Governance Canada Inc. (LGC) in collaboration with Mine Africa and Nigeria High Commission, Ottawa.
The event held at Radisson Admiral Hotel Toronto-Harbourfront, Ontario, with the theme, Nigeria: An Emerging Trade & Investment Market Opportunity, attracted over 150 businesses/investors from Nigeria and Canada. Participants were drawn from both government and private institutions in the Agriculture, Mining, ICT, Education, Health Care and Energy/Power sector.
Highlights of the summit included paper presentations, panel discussion, sectoral break-outs, board-room deals/meetings, among others. The event was rounded off with a closing dinner, which was climaxed with the presentation of awards and recognition plaques presented to companies and individuals. Ethiopian Airlines Canada country manager Samson Arega accepted the plaque from LGC president Sam Adeale in support of the event and as the official airline.
Ethiopian Airlines provided discounted airfare tickets for participants to the event. On display at the foyer at the event was a model airplane presented by Ethiopian Airlines as gift to the Nigerian Minister of State for Mining and Steel Development that led the Nigerian delegates to the summit.
The partnership has created an effective platform to achieve greater results in shaping the economic landscape of African Countries.
Nigeria has the highest largest economy in Africa (GDP of $376 billion in 2017) and the largest population (195 million) in addition to one of the largest populations of youth in the world. Nigeria is a multi-ethnic and culturally diverse society consisting of 23 autonomous states. With an abundance of resources, it is Africa’s biggest oil exporter, ranks first in African in farm output and also has the largest natural gas reserves on the continent. Despite some development challenges, Nigeria possesses strong business and investment fundamentals and represents a tremendous market opportunity for Canadian companies looking to invest, export products or source imports.
Kola M. Esomojumi said he is looking forward to the next edition of the summit. “We strongly believe that discussions on closing deals are still on-going and the objective of the summit would have been fulfilled.”
Photo above (left to right) LGC president Sam Adeale, Samson Arega Ethiopian Airlines Canada country manager and Kola M. Esomojum.
Photos below: Samson Arega , Wale Adesanya, Mr. Muniruz, Ambassador Adeyinka Asekun and wife, Dr. Uchechukwu Ogah, Nigeria Minister of State for Mines and Steel Development and his wife, Mr. Balckson Bayewunmi and Mr. Joesph Atodo of Nigeria High Commission Ottawa.