Home News More foreign companies indicate interest in Nigeria

More foreign companies indicate interest in Nigeria


Lagos – Foreign companies dealing in processed and
agricultural processing products, on Monday expressed their readiness
to invest and take advantage of Nigeria’s large market for their

Companies from Turkey, Sri Lanka, Saudi Arabia and China, told the News
Agency of Nigeria(NAN) in Lagos on the sidelines of this year’s Food
Nigeria Exhibition and Conference, of their growing interest in

Mr Subramaniam Eassuwaran, Vice Chairman of ESWARAN Brothers
Export, from Sri Lanka, said that his company, that was visiting Nigeria
for the first, was in the country to explore business opportunities.

Eassuwaran said that his organisation was prepared to engage Nigerian
partners in the distribution of good quality teas to the Nigerian

“We have been hearing of the huge business opportunities
in Nigeria.

“My organisation, which is one of the largest tea bag companies in
Asia, has therefore, decided to come to exploit the Nigerian market for its
teas,’’ he said.

Eassuwaran, who expressed the satisfaction of some Nigerians with their
exhibited teas, said that he was convinced that Nigeria would provide the
right market for his company’s tea bags.

Mr Samer El-Kari, Commercial Manager of AL-Faris Food Industries, from
Saudi Arabia, said that his company was eager to bring its products to
the Nigerian market.

“Especially now that we are expanding our export market, we are
beginning to see Nigeria as one of the largest markets for our

“We are now really interested in doing business in Nigeria, because
Nigeria really has the population for our agricultural products,’’ he

Mr Richie Deng, Commercial Manager of Chongqing Lihong Fine
Chemicals, from China, expressed confidence in the Nigerian markets for
his company’s products.

“We have been doing well in other parts of the world. And now, we have
decided to also come to look for business opportunities in Nigeria,’’
he said.

Mr Evren Sengul, Manager of Semolina Azteca Milling, from Turkey, said
that although his company had been doing business with some
Nigerian partners, it was not set to expand its investment plan to Nigeria.

Sengul, however, pleaded with the Nigerian government to review its
current currency regulation laws, as it was seriously affecting his
Nigerian customers’ importation of his company’s products.

“Our Nigerian customers are really complaining of having difficulties
in transferring money from Nigeria to Turkey.

“These customers are also complaining of their difficulties in getting
dollars to import products,’’ he added. (NAN)

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