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The High Commission of the Federal Republic of Nigeria in partnership with the Canadian Council on Africa and the Department of Foreign Affairs and International Trade Canada, is pleased to announce the Canada-Nigeria Investment Conference (CNIC) 2013 with the theme: Canada-Nigeria Synergy Vision 20:2020. The highly anticipated Conference is designed in line with the vision 20:2020 Economic Transformation Agenda of the government of President Goodluck Ebele Jonathan, GCFR. It will be held in Canada’s business capital, Toronto, and is expected to bring together more than 400 participants from public and private sectors, including government officials of the two countries.
Nigeria is Canada’s largest economic partner in sub-Saharan Africa and both countries enjoy an ongoing bilateral trade relationship worth more than $3billion in 2011. Nigeria presents new opportunities for Canadian businesses to invest in a wide range of key sectors such as telecommunication, transportation, infrastructure, manufacturing, aeronautics, engineering, oil and Gas, Education, ICT, Health, Agriculture, Solid Minerals, Security and Tourism.
Canadian private sector presence in Nigeria is substantial and multifaceted. To mention a few, Manitoba Hydro International (MHI) won a competitive bid in 2011 to manage the Transmission Company of Nigeria, which currently acts as Market and System Operator, and Transmission Service Provider. Also the Canadian consulting firm CPCS has worked on the 27km Lagos “Blue Line” project, the first of seven proposed light rail lines around the megacity. Currently, CPCS is helping Nigeria to improve its electricity shortage by attracting a large number of Foreign Direct Investment in the new Independent Power Plants (IPPs).
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