French investors in agribusiness and perfumes, among others, are interested in investing in the Nigerian economy.
Francis Widmer, head, Regional Economic Department and economic counsellor of France’s embassy in Nigeria, said this at France Embassy in Lagos.
“There will be new companies from France coming into Nigeria, which will include those in perfume and agro businesses,” Widmer said, adding that France has put about €2 billion into Africa’s largest economy while bilateral trade value between both countries currently stands at €5.6 billion, mostly in favour of Nigeria.
“We have a delegation of 50 members visiting Abuja, which is a continuation of President Buhari’s visit to France,” he said, at the Franco-Nigerian Chamber of Commerce and Industry (FNCCI) press briefing held at the embassy in Lagos.
Bertrand de La Forest Divonne, country manager for Nigeria, Business Africa, said apart from the challenge of language barrier, there was also the problem of credibility of few Nigerian business people.
He said his organisation was setting up an office in Nigeria despite 10 offices across Africa because of the need to locate investors and promote partnership with France.

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