By Tobi AwodipeThe Nigerian-American Chamber of Commerce (NACC) has celebrated its sixty fifth anniversary and inaugurated its twentieth president, Sheriff Balogun, at a grand ceremony held in Lagos.
The occasion drew private and non-private sector leaders, solidifying the chamber’s function in fostering bilateral financial ties.In his inaugural handle, the president outlined his imaginative and prescient to strengthen Nigeria-US commerce relations, saying he goals to surpass $10 billion in commerce quantity and unlock the complete potential of Nigerian exports over the subsequent few years. He added that for 65 years, the chamber has been instrumental in selling commerce, funding and collaboration, connecting Nigerian entrepreneurs with their American counterparts. Regardless of the continuing challenges in worldwide commerce, he vowed to spice up commerce between each nations and open up new alternatives for Nigerian companies and entrepreneurs.
His management staff comprising his deputy president, vp, treasurer and deputy treasurer was additionally unveiled, setting the stage for a brand new period of progress and collaboration. On the inauguration, the chamber additionally welcomed 52 new members, inducting them into the organisation.
Moreover, a 3D mannequin of the chamber’s future seven-storey headquarters was revealed, symbolising the chamber’s dedication to long-term improvement and strategic enlargement.
NACC honoured excellent Nigerian and American corporations and people for his or her contributions to the financial panorama, in addition to previous presidents for his or her enduring management.
The occasion was chaired by Samaila Zubairu, President of the Africa Finance Company, and hosted by Governor Babajide Sanwo-Olu of Lagos State who was represented by the commissioner for Commerce, Cooperatives, Commerce and Funding, Folashade Ambrose-Medebem.
Federal Minister of Business, Commerce and Funding, Dr Jumoke Oduwole, praised the chamber for its dedication in direction of fostering commerce and funding alternatives between each nations and charged Balogun to accentuate efforts at enhancing commerce, increasing FDI and B2B alternatives for Nigerian companies.
