US Honours Nigerian Business Partners …Holds Session On Bilateral Trade

The Commercial Service of the United States Diplomatic Mission to Nigeria has hosted its annual Networking with the USA Appreciation Forum (NUSA) and International Partner Awards.
The event, which took place at the Civic Centre, Victoria Island, Lagos, last Wednesday, saw over 400 local business executives in attendance.
A statement yesterday by the US Embassy in Nigeria, quoted the Senior Commercial Officer, Brent Omdahl, as saying that, “This year, the ceremony featured presentations on topical economic issues affecting businesses in Nigeria, including access to foreign currency, the floating exchange rate and the dual impact on dollar and naira-denominated transactions”.
The statement added that distinguished guest speakers included, Director of the Monetary Policy Department of the Central Bank of Nigeria, Mr. Moses Kpughur Tule, who spoke on behalf of the CBN Governor, Godwin Emefiele, on the topic, “The New CBN Flexible Foreign Exchange Policy – What Has Changed?”, and Customs Area Comptroller for Zone A of the Nigerian Customs Service, Mr. Edike Eporwei, who spoke on, “Promoting Nigerian-American trade through an effective import/export process, cargo inspection and enforcement of standards.”
The ceremony, which was open to the Nigerian business community, also featured an interactive session with United States consular officers, who explained the visa process and demystified common myths.
It was gathered that as part of the NUSA Forum, the United States Trade and Development Agency (USTDA) held an information session on the process for accessing early stage funding to make infrastructure projects bankable.
Officers of the Nigerian Customs Service also held discussions with participants on how best to manage the import process in a challenging business environment.
The Tide learnt that the NUSA Forum honuors Nigerian business leaders who promote US products and services and who have contributed significantly to the achievement of the goals and objectives of the US Commercial Service in Nigeria.
Five categories of awards were presented to business leaders and companies demonstrating special creativity, resourcefulness and hard work in improving trade between the United States of America and Nigeria.


Nelson Chukwudi