The Houston International Trade Development Council (HITDC), Inc. Organized Trade & Investment Mission to Abuja and Lagos, Nigeria Joined by Host
Ambassador Geoffrey L. Teneilabe ─ Hon. Amb./Consul-General of Nigeria
A Houston delegation of 11 investors including businessmen and women journeyed across the Atlantic on a United Airlines Boeing 787 Dreamliner direct flight to the Federal Republic of Nigeria to visit Ministers and private sector executives in the capital city Abuja and most populated Lagos. The West African nation is the #1 exporter of crude oil to the U.S from Africa and #1 importer of Texas agriculture products and myriad non-oil products.
On behalf of the Mayor of Houston, Val Thompson, President and CEO of HITDC, Inc. presented gifts to Governor Seriake Dickson of Bayelsa State who hosted a Texas-style breakfast for the delegation. Mr. Thompson conferred mementos to the Minister of Communication & Technology and Minister of Works. He also presented a written request to the Minister of Foreign Affairs to establish a consulate in Houston as it boasts the highest population of Nigerians in the U.S.
Considered “The Heart of Africa”, Nigeria offers unlimited opportunities for investors in the Oil & Gas, Construction, Agriculture (Rice Production), IT, Communication Technology and Real Estate industries. Free Trade Zones, competitive incentives, and the opportunity to keep 100% profit bodes attractive for investors yearning to get a foothold in the country that has garnered the second largest economy and abundant resources in natural gas, petroleum, iron ore, coal and many other precious minerals.
The HITDC’s mission to create economic opportunities for Houston area small and medium-sized enterprises by promoting trade & investment opportunities was realized as several members of the delegation are in the process of finalizing contract agreements through the Private Private Partnership (PPP) Model a strategy of Nigeria Vision 2020. The Vision is intent on positioning Nigeria to become 1 of Top 20 economies in the world by 2020 ─ seeking to achieve a GDP of no less than $900 billion. Now in its 4th year, development sector strategies for Vision 2020 are well underway via the Private Sector, Ministries, Departments and Agencies. The genuinely-warm hospitality extended by Nigerians complemented by the high-level business acumen and professionalism of Consul Baba Garba made for an exciting and memorable occasion for the delegation.