Nigeria and Mexico have officially launched the Nigeria–Mexico Chamber of Commerce (NMCC), marking a step towards strengthening economic cooperation between the two countries.
The event, held in Abuja, was inaugurated by the Mexican Embassy in Nigeria and introduced the chamber’s board of directors.
Read also: Lagos urges agricultural stakeholders to embrace AI and technology for food security
The NMCC is set to serve as a platform for advancing trade, investment, and innovation between the two nations. The launch is expected to improve access to market intelligence, connect businesses across sectors, and support bilateral investment efforts.
A platform for economic collaboration
Speaking at the launch, the Mexican Ambassador to Nigeria, Alfredo Miranda, described the chamber as a significant development in Nigeria–Mexico relations.
“This is the moment to work together, rewrite the narrative, and show the world that Nigeria and Mexico are economic powerhouses,” Miranda said. “We must focus on strategic sectors and unlock the capacity of our countries to do even more.”
He added that the NMCC would support entrepreneurs in both countries and foster partnerships that reflect their shared economic goals.
Read also: Africa Finance Corporation surpasses US$1bn revenue for the first time
Nigeria calls for stronger global trade participation
Representing Nigeria’s Ministry of Foreign Affairs, Ambassador Anderson Madubuike said the establishment of the chamber was timely. He stressed its importance in increasing Africa’s participation in global trade and enhancing Nigeria’s economic engagement with Latin America.
According to Madubuike, the chamber can help create pathways for stronger trade flows and business-to-business cooperation, particularly in industries where both countries hold mutual interests.
Read also: Peter Obi urges African countries to invest in human capital amid global trade uncertainty
Focus on agriculture and livestock
Also speaking at the event, Nigeria’s Minister of Livestock and Rural Development, Idi Mukhtar, highlighted agriculture as a key area for collaboration. He pointed to Nigeria’s $1.5 billion annual dairy import bill as an opportunity for investment and joint ventures.
Mukhtar noted potential in livestock production, red meat exports, disease control, and dairy processing. He encouraged Mexican stakeholders to explore partnerships in these areas to address existing gaps and improve food systems in both countries.
Next steps
With the NMCC now established, both governments and private sector players are expected to pursue policies and initiatives that support bilateral trade. The chamber is also expected to facilitate technical exchanges and promote innovation-driven collaborations across various industries.
The launch signals a shared intent by Nigeria and Mexico to deepen economic ties and create new opportunities for growth.
