The Abuja Chamber of Commerce and Industry (ACCI) has lauded the Federal Government’s efforts to create a more conducive business environment, citing Coca-Cola’s fresh $1bn investment as evidence of the positive impact of the reforms.
Professor Adesoji Adesugba, First Deputy President of the ACCI, said the government’s Economic Stabilization Plan is a key driver for attracting foreign direct investment (FDI).
He highlighted Coca-Cola’s decision to expand its operations in Nigeria as a testament to the improved business climate.
Adesugba praised President Bola Ahmed Tinubu’s “Renewed Hope” agenda, stating that the administration’s policies are fostering investor confidence and driving Nigeria towards long-term economic prosperity.
He spoke in a statement signed by ACCI’s Media Officer, Olayemi John-Mensah.
“The Economic Stabilisation Plan of the Federal Government is highly commendable and is already delivering promising outcomes.
“The Coca-Cola system’s decision to accelerate its investments in Nigeria to $1bn reflects the positive impact of an enabling business environment,” said Adesugba.
Meanwhile, ACCI is gearing up for the 19th Abuja International Trade Fair (AITF) set to take place from September 20 to October 1, 2024.
The fair with the theme, “Mobility Options for Transportation, Trade Financing, and Taxation,” will provide a platform for exhibitors to showcase their products and services, network with potential partners, and explore solutions to logistical challenges, supply chain inefficiencies, and financing constraints.
The fair has become one of Nigeria’s most significant multi-sectoral trade platforms, offering local and international exhibitors a prime opportunity to showcase their products and services, enter new markets, and forge valuable business relationships.
The AITF 2024 is expected to attract over 500 exhibitors who will display more than 10,000 products, services, and solutions to nearly 100,000 attendees over the 12-day event.