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Botswana calls for economic ties with Nigeria

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By Abiodun Okunloye

Lasting diplomatic and cultural connections will advance their economy.

Nigeria has been urged by Botswana to enhance its economic and Trade ties with the country. During the celebration of Botswana’s 58th National Day in Abuja, Philda Kereng, Botswana’s High Commissioner to Nigeria, emphasised the lasting diplomatic and cultural connections shared by both nations and advocated for a stronger focus on advancing their economic partnership. The official diplomatic relationship with Nigeria began on October 17, 2018, after it achieved independence on September 30, 1966. Kereng highlighted that despite progress in diplomacy and cultural interactions, the trade partnership is still lacking.

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She pointed out the importance of both nations working together to enhance trade links, particularly in sectors where they each have considerable advantages. She envisions a future where they unite their efforts to guide Africa, leveraging the economic capabilities of the two nations. Kereng commended Nigeria’s tenacity in the commercial sphere, noting the country’s reputation for its enterprising nature and unwavering resolve. In the face of obstacles, Nigerians thrive in trade, demonstrating a profound dedication to reaching their goals.

Collaboration in various sectors will help in knowledge sharing.

Kereng explained that the country has remarkable influence in the creative sectors, such as cinema, cuisine, fashion, and music, areas where Botswana could gain through partnership and knowledge sharing. Botswana is home to skilled people, yet several individuals find it challenging to realise their potential, especially in creative fields. Therefore, this is a way for Botswana to enhance its footprint in these sectors, leveraging Nigeria’s expertise and inventive strategies. The High Commissioner noted that trade between the countries is presently minimal, indicating a need to strengthen their partnership.

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Also, she emphasised that there is considerable opportunity for collaboration in various sectors that could benefit the economies of both nations. Kereng highlighted the cosmetics and Textile sectors as fields where Nigerian skills could significantly contribute to Botswana’s economic diversification. Conversely, Botswana’s prowess in Livestock farming and beef production, which caters to European consumers, could serve as a crucial resource for Nigeria, especially as the country aims to enhance its agricultural industry. Kereng advocated for a stronger sharing of expertise and goods between the two countries.

Economic benefits will be generated while enhancing citizens’ skills.

They can partner in beef production, while Nigeria can focus on educating their people in the creative industries in the future. She proposed that the nations collaborate on initiatives that could enhance commerce not just locally but throughout Africa. Fostering these opportunities would be advantageous for both sides, generating economic benefits and enhancing skills while also generating employment for the citizens of both nations. Beyond these industries, Kereng highlighted the significance of developing skills and investing in people.

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By forming collaborative enterprises, they could enhance their economic strength and build a sustainable alliance that is advantageous to all of Africa. She urged each government to seek actionable strategies for launching initiatives that promote trade, generate employment, and encourage innovation. Such collaboration could pave the way for fresh economic prospects, establishing both countries as vital contributors to Africa’s economic growth. By fostering stronger collaborations and shared investments across various sectors, they can capitalise on their unique advantages to stimulate economic development.

Related Article: Role of foreign aid in Nigeria’s economy

On his part, Humphrey Geiseb, the Namibian High Commissioner to Nigeria and ECOWAS, commended Botswana’s economic advancements. He emphasised the country’s abundant natural resources, particularly its extensive diamond deposits, which he regarded as a significant benefit for both Botswana and the entire African continent. Geiseb praised Botswana’s economic progress, noting that it may hold the highest quantity of diamonds globally, which benefits Africa as a whole. Given Botswana’s strength in agriculture, especially beef exports, alongside Nigeria’s dominance in the creative sectors and business, both nations could benefit greatly from closer relations.

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