Nigeria’s export products to Poland increased from N1.2 billion in 2011 to N22billion in 2013, Minister of State for Industry, Trade and Investment, Chief Kenneth Kobani has said.
Kobani, while receiving the Polish Deputy Minister for Economy, Mr. Andrzej Dycha in Abuja, however, stressed the need for both countries to improve on their trade volumes for further economic growth.
According to him, the ministry remains the engine room of trade and investment in Nigeria and reiterated the commitment of the federal government to open the economy to international markets.
The minister noted that Poland was one of the fastest growing economies in Europe and expressed the readiness of Nigeria to diversify its economy from oil to agriculture and other viable sectors.
Kobani said it is noteworthy that Polish authorities are indicating willingness to cooperate with Nigeria on improving its trade volume, in the areas of power, oil and gas, agriculture and mining, among others.
Also speaking the Director of Investment in the ministry, Mr. Olanipekun O.M listed the four major areas where Nigeria needs the cooperation of Poland as agriculture, oil and gas, solid minerals and electricity, adding that the is also interested in the development of industrial parks and cities.
Director of Trade, Mr. Felix Asikpata said Nigeria would further study the EU/ECOWAS partnership agreement with a view to fine-tuning areas aspects like industrial development, revenues and some others so that the country could be adequately protected.
Earlier, Dycha observed with delight that the trade volume between the two countries increased to over 60 per cent in 2013 and assured that it would be further strengthened in the years ahead.
He said Poland is focusing on Nigeria for continuous bilateral trade agreement because the country was central in West African region and Africa as a whole, adding that exchange of knowledge between both countries would be beneficial for their economic growth.
The minister said Nigerian market is of interest for Polish companies in the mining, energy and telematics industries, that is, projects connected with the construction of coal mines and coal-fired power plants, power lines, renovations of existing power plants, use of biomass and biofuels, oil recovery.
According to him, Poland is the fastest growing economy and the industrial production country in the European Union, adding that it is third largest producer of fertilizer in Europe and net producer of agro-machinery and pesticides from which Nigeria can benefit immensely.
He also pointed out that Polish and Nigeria private sectors could be encouraged to engage in joint venture schemes in Nigeria’s agriculture, an area that has limitless potentials in terms of raw materials like, cocoa, palm oil, groundnuts, bean seeds, cotton and tropical fruits which Poland needs for its factories.
The minister was accompanied on the courtesy visit by the Polish Ambassador to Nigeria, Mr. Niesio Cowsles and other two other officials.

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