NICCI 2025 Event Media Convergence
FG backs Nigeria, Indonesia trade partnership
It was a gathering of entrepreneurs, foreign investors, business men/women, non-governmental organisations, captains of industries and other stakeholders as the Nigeria Indonesian chamber of Commerce and Industry [NICCI] presented their midyear economic outlook.
Speaking at the press conference Ishmael Balogun, president of the NICCI, said the business and trade expo is a pivotal event fostering international economic collaboration between Nigerian businesses and those of Indonesia.
According to Balogun, the Indonesian Joint Expo, which is the 40th edition, will take place from 15th October through to the 19th, while the Nigerian-Indonesian Investment and Trade Forum will commence on the 21st of October, 2025.
Don Lists Seven Pillars of Business Resilience
There are seven pillars of business resilience, Dr Biodun Adedipe Chief Consultant of B. Adedipe Associates Limited said in Lagos on Friday at the Nigerian Indonesian Chamber of Commerce and Industry (NICCI) Mid-Year Economic Summit 2025.
The pillars in question , according to Dr Adedipe who was key speaker at the event include: Ensuring good Corporate Governance and Ethics; building bridges and Strategic Partnerships; integrating Innovation and Technology; designing and sustaining Leadership Development and Investment in Staff; building Economic Resilience; finding access to Long-term Capital and embarking on and maintaining Sustainable Financial practices.
Adedeji argued that the fundamental problems of developing countries have been reduced to five deficits namely food, energy, manufacturing, infrastructure and housing.
Said he: “These speak to Nigeria in that we are not producing enough! Unfortunately, most policy makers and analysts focus on the symptoms and effects of these deficiencies rather than the big question, which is: ‘How to produce more in order to bridge the gaps?’ ”
Building Resilience in Turbulent Times- Exclusive with Chalya Shagaya
Enterprise Issues
With Siaka Momoh
Once is a while, we give out this space to contributors whose pieces are resourceful enterprisewise. Chalya Shagaya’s meets the criteria. This is why she is sitting comfortably in the space today.
Chalya, SSA to Mr President on Entrepreneurship Development, was one of the Speakers at the Nigerian-Indonesia Chamber of Commerce and Industry Mid-year Economic Summit which held in Lagos on Friday.
She argued: ‘As we go forward, we are committed to partnering with the private sector, with institutions like the Nigerian Indonesian Chamber, to drive more investment, smarter collaboration and enterprise led growth.’
And she reeled out steps that have been taken by the Bola Tinubu Administration to strengthen enterprise.
Have a good read:
Early signs of Tinubu’s economic reforms encouraging, says aide
The Senior Special Adviser to the President on Entrepreneurship Development, Chalya Shagaya, has said the early signs of President Bola Tinubu’s economic reforms are encouraging.
Ms Shagaya made the remarks on Saturday at the mid-year economic outlook hosted by the Nigeria Indonesia Chamber of Commerce and Industry (NICCI).
She noted that the administration inherited an unstable economic climate upon assuming office.
She said tough but intentional reforms such as subsidy removal, forex unification, and recapitalized banking were fostering resilience in Nigeria’s economy.
According to her, tax reforms and adjustments in the power sector have also contributed to the emerging progress.
Tinubu’s Reforms Showing Early Economic Promise – Aide
The early signs of President Bola Tinubu’s economic reforms are encouraging, says Ms Chalya Shagaya, Senior Special Adviser to the President on Entrepreneurship Development.
Shagaya made the remarks on Saturday at the mid-year economic outlook hosted by the Nigeria Indonesia Chamber of Commerce and Industry (NICCI).
She noted that the administration inherited an unstable economic climate upon assuming office.
She said tough but intentional reforms like subsidy removal, forex unification, and recapitalised banking were fostering resilience in Nigeria’s economy.
According to her, tax reforms and adjustments in the power sector have also contributed to the emerging progress.
“The early signs are encouraging. Foreign reserves have risen from four billion dollars to over 23 billion dollars.
FG backs Nigeria-Indonesia investment forum to boost trade
The Federal Government has pledged support for the Nigeria-Indonesian Investment and Trade Forum 2025 to boost bilateral trade and attract foreign investment.
Mr Ishmael Balogun, President of the Nigerian-Indonesian Chamber of Commerce and Industry, revealed this during a news conference on Friday in Lagos.
He said the Office of the Vice President, Mr Kashim Shettima, alongside key ministries and agencies, had committed to improving trade figures between both nations.
Balogun added that the Vice President had directed the Presidential Enabling Business Environment Council to coordinate relevant Ministries, Departments, and Agencies.
FG Backs 2025 Nigeria-Indonesia Trade Forum
The federal government has pledged support for the Nigeria-Indonesian Investment and Trade Forum 2025 (NIITF) to boost bilateral trade and attract foreign investment.
Mr. Ishmael Balogun, President of the Nigerian-Indonesian Chamber of Commerce and Industry (NICCI), revealed this during a news conference on Friday in Lagos.
He said the Office of the Vice President, Mr Kashim Shettima, alongside key ministries and agencies, had committed to improving trade figures between both nations.
Balogun added that the Vice President had directed the Presidential Enabling Business Environment Council (PEBEC) to coordinate relevant Ministries, Departments, and Agencies (MDAs).
NICC President’s visit will unlock business and partnership opportunities for PHCCIMA members – Dr Nwoga
The visit of Nigeria-Indonesian Chamber Of Commerce (NICC) President, Dr Ishmael Balogun, to the Port Harcourt Chamber of Commerce, Industry, Mines of Agriculture (PHCCIMA), is said to be targeted at creating business and partnership opportunities for both chambers, so declared the PHCCIMA boss, Dr Chinyere Nwoga.
On her opening remark at the interaction, Dr Nwoga said the invitation of the President of the Nigeria-Indonesia Chamber of Commerce (NICC), Dr Balogun, was aimed at unlocking numerous business and partnership opportunities for PHCCIMA member companies to capitalize on. She added that the value-laden interaction would unravel the economic secrets of Indonesia.
The Shocking Discovery of Indonesians about Nigerian Partners
President of the Nigerian-Indonesian Chamber of Commerce and Industry (NICCI), Mr. Ishmael Balogun, paid a strategic visit to the Port Harcourt Chamber of Commerce, Industry, Mines and Agriculture (PHCCIMA). Hosted by PHCCIMA President Dr. Chinyere Nwoga the first female president since the Chamber’s inception in 1957 the meeting explored trade and investment opportunities between Nigeria and Indonesia, with a focus on empowering the South-South business ecosystem.
PHCCIMA Strengthens Bilateral Ties at Nigeria-Indonesia Investment and Trade Forum
The Port Harcourt Chamber of Commerce, Industry, Mines, and Agriculture (PHCCIMA), led by its President, Chinyere Nworga, hosted a high-profile bilateral investment and trade forum in collaboration with the Nigeria-Indonesia Chamber of Commerce and Industry. The event, themed “Nigeria-Indonesia Investment and Trade Forum,” brought together stakeholders from both countries to explore business opportunities and foster economic cooperation.
UNLOCKING NEW HORIZONS
President of the Nigerian-Indonesian Chamber of Commerce and Industry (NICCI), Mr. Ishmael Balogun, paid a strategic visit to the Port Harcourt Chamber of Commerce, Industry, Mines and Agriculture (PHCCIMA). Hosted by PHCCIMA President Dr. Chinyere Nwoga the first female president since the Chamber’s inception in 1957 the meeting explored trade and investment opportunities between Nigeria and Indonesia, with a focus on empowering the South-South business ecosystem.
Highlights from the NICCI Quarterly Meeting & Induction Ceremony
The Nigerian-Indonesian Chamber of Commerce and Industry (NICCI) hosted its Quarterly Meeting and Induction Ceremony at the Delborough Lagos, bringing together business leaders, policymakers, and industry experts under the theme “Unlocking Business Opportunities Between Nigeria and Indonesia for the 21st Century
Firms Honour Minister Of State For Regional Development
The Honourable Minister of State for Regional Development, Hon. Uba Maigari Ahmadu was recently honoured by a group of firms for his dedication, commitment, and remarkable contributions to national development at an exclusive dinner party held in Abuja.
The event, organised by a group of businesses namely, Prime Next Logistics, Goldmine Global Services Ltd and ATREX Global Procurement Company Ltd in collaboration with its business partners, took place at Blu Cabanna in Abuja.
The CEO of Goldmine Global Services Ltd and President of Nigerian Indonesian Chamber of Commerce and Industry, NICCI Mr. Ishmael Adegorioye Balogun, welcomed distinguished guests to the dinner..
The intimate gathering brought together high-profile dignitaries, including business leaders, and close associates of the Minister. Among those in attendance were the APC National Deputy women leader, Haj Zainab A. Ibrahim, H.E. Mrs. Hauwa Ahmad Tahar, Amb. Usman Ari Ogah; Amb. Orjiakor Humphrey, Mr. Abubakar Yerima, Prof. Salawudeen Bin Ahmed, Mrs. Shade Balogun, Mr. Seun Faleye, Directors of NICCI and several other eminent personalities.
NIITF 2024 Post-Event Media Convergence
$3.5bn Business Deals Consummated at 2024 Indonesia-Africa Forum
Thirty-Two business partnerships worth over $3.5 billion were brokered during the 2nd Indonesia-Africa Forum, which was held this month in Bali, Indonesia.
This was disclosed by the Director for Asia-Pacific and African Affairs, Ministry of Foreign Affairs of the Republic of Indonesia, Mr. Abdul Kadir Jailani.
President Bola Ahmed Tinubu was represented at the forum by the Minister of Information and National Orientation, Mr. Mohammed Idris Malagi, at the 2nd Indonesia-Africa Forum that witnessed the signing of 16 business agreements between Indonesian MSMEs and African companies in a two-day exhibition.
The Indonesian Vice Minister of Foreign Affairs, Pahala Mansury, used the event to hold forums on industry specific topics such as mining, agriculture, renewable energy, health and food security with Nigeria, Kenya and South Africa, etc. business communities.
$3.5bn business deals sealed at Indonesia-Africa Forum 2024
Thirty-two business partnership deals worth more than $3.5 billion were sealed at the recently concluded 2nd Indonesia-Africa Forum in Bali Indonesia.
This was revealed by the Director for African Affairs at the Directorate General of Asian, Pacific and African Affairs of the Ministry of Foreign Affairs of the Republic of Indonesia, in a statement by Nigerian-Indonesian Chamber of Commerce and Industry (NICCI).
Nigeria’s delegation to the Forum was led by Minister of Information and National Orientation, Mohammed Idris Malagi, who represented President Bola Tinubu.
President of NICCI, Ishmael Balogun, led the Nigerian Business delegation including members of Nigerian Indonesian Chamber of Commerce & Industry and several MoUs were signed.
During the 3-day event, country specific business forums were held, led by the Indonesian Vice Minister of Foreign Affairs, Pahala Mansury with several countries including Nigeria, Kenya, South Africa, on industry specific topics on Mining, Agriculture, Renewable Energy, health and food security.
About 32 business partnership deals, covering agriculture, manufacturing and other key sectors of the economy valued at more than $3.5 billion have been consummated by African investors at the 2nd Indonesia -Africa Forum in Bali, Indonesia, the Director General for Asia Pacific and Africa Ministry of Foreign Affairs of the Republic of Indonesia, Abdul Kadir Jailani, has disclosed. The Nigerian-Indonesian Chamber of Commerce and Industry (NICCI), in a statement made available to New Telegraph in Lagos, quoted Jailani, as saying that 16 business agreements were signed between Indonesian MSMEs and African companies at the two-day exhibition, including visits from several African leaders. The leaders are Presidents of Liberia, Joseph Nyuma Boakai, Rwanda, Paul Kagame, Ghana, H.E Nana Addo Dankwa Akufo-Addo, Prime Minister of ESwatini, Ruseell Dlamini, and President of Zimbabwe, K.C.D Mohadi.
32 business partnerships with a total value of more than $3.5 billion was consummated at the 2nd Indonesia-Africa Forum that held in Bali Indonesia early this month, the Director for African Affairs at the Directorate General of Asian, Pacific and African Affairs of Ministry of Foreign Affairs of the Republic of Indonesia has revealed. Sixteen business agreements were signed between Indonesian MSMEs and African companies in a two-day exhibition including visits from several African Leaders namely, Presidents of Liberia, Joseph Nyuma Boakai, Rwanda, Paul Kagame, Ghana, Nana Addo Dankwa Akufo-Addo, Prime Minister of Eswatini, Ruseell Dlamini, and President of Zimbabwe, K.C.D Mohadi. The Nigeria’s Minister of Information and National Orientation, Mohammed Idris Malagi, represented the President of Nigeria, Bola Ahmed Tinubu as Head of Nigeria’s delegation to the 2nd Indonesia-Africa Forum, that was held from the 1st-3rd of September 2024 in Bali. There was also a memorandum of Cooperation (MoC) between the Ministry of Foreign Affairs of the Republic of Indonesia and Japan International Cooperation Agency (JICA) for development cooperation to Africa.
NIITF 2023 Post-Event Media Convergence
Governor of Enugu State, Dr. Peter Mbah, has urged Indonesian businesses and investors to take advantage of the numerous investment opportunities, improved business environment, and ample returns on investment (ROI) in Enugu State.
This was even as the governments of Nigeria and Indonesia pledged closer collaboration to boost trades and investments between both countries for mutual prosperity.
Mbah made the call in a keynote address he delivered at the 2023 Nigerian-Indonesian Investment and Trade Forum, which opened in Jakarta, capital of Indonesia, on Monday.
Speaking at the event organised by the Nigerian-Indonesian Chamber of Commerce and Industry (NICCI) in collaboration with the Indonesian Trade Promotion Centre, Lagos, Mbah, while commending the growth of trade volume between Nigeria and Indonesia to $4.7 billion, however, observed that both countries could actually do much more, especially considering the abundant opportunities offered by Enugu State.
Governor of Enugu State, Dr. Peter Mbah, has urged Indonesian businesses and investors to take advantage of the numerous investment opportunities, improved business environment, and ample returns on investment (ROI) in Enugu State.
This was even as the governments of Nigeria and Indonesia pledged closer collaboration to boost trades and investments between both countries for their mutual prosperity.
Governor Mbah made the call in a keynote address he delivered at the 2023 Nigerian-Indonesian Investment and Trade Forum, which opened in Jakarta, capital of Indonesia, on Monday.
Speaking at the event organised by the Nigerian-Indonesian Chamber of Commerce and Industry (NICCI) in collaboration with the Indonesian Trade Promotion Centre, Lagos, Mbah, while commending the growth of trade volume between Nigeria and Indonesia to $4.7 billion, however, observed that both countries could actually do much more, especially considering the abundant opportunities offered by Enugu State.
Governor of Enugu State, Dr. Peter Mbah, has urged Indonesian businesses and investors to take advantage of the numerous investment opportunities, improved business environment, and ample returns on investment (ROI) in Enugu State.
This was even as the governments of Nigeria and Indonesia pledged closer collaboration to boost trades and investments between both countries for their mutual prosperity.
Governor Mbah made the call in a keynote address he delivered at the 2023 Nigerian-Indonesian Investment and Trade Forum, which opened in Jakarta, capital of Indonesia, on Monday.
Mbah made the call while delivering a keynote address at the 2023 Nigerian-Indonesian Investment and Trade Forum, which opened in Jakarta, capital of Indonesia, yesterday.
Meanwhile, at the occasion, the governments of Nigeria and Indonesia pledged closer collaboration to boost trades and investments between both countries for their mutual prosperity.
Speaking at the event organised by the Nigerian-Indonesian Chamber of Commerce and Industry (NICCI), in collaboration with the Indonesian Trade Promotion Centre, Lagos, Mbah, while commending the growth of trade volume between Nigeria and Indonesia to $4.7 billion, observed that both countries could do much more, especially considering the abundant opportunities offered by Enugu State.
The Governor of Enugu State, Peter Mbah has said that Nigeria and Indonesia have mutually beneficial circumstances that have uplifted the lives of the people both in political and economic spectra.
Governor Mbah stated this in his keynote speech titled “Discovering Business Potential in Enugu and Indonesia-Keynote” at the ongoing Nigerian Indonesian Investment and Trade Forum in Jakarta, Indonesia.
His full speech reads: “A deep sense of appreciation is all I feel at this great opportunity given me to be part of your event this morning, and a deeper sense of gratitude still that I am asked to give the keynote address of this epochal event.
When Governor Peter Mbah unveiled his Statement of Purpose ahead of the 2023 governorship election in Enugu State, his promise to grow the state’s Gross Domestic Product (GDP) seven folds from $4.4 Billion to $30 Billion generated mixed reactions, as many saw it as a tall order for a state renowned as a public service state. Five months down the line, however, Mbah is gaining more converts as he presses towards the target with the right policies, structures, and both local and international partnerships in place.
From tackling the security challenges headlong, including putting an end to the illegal sit-at-home, to improving ease of doing business, hosting the first Enugu State Investment and Economic Growth Plan Stakeholders Roundtable, introducing e-ticketing and automating revenue collection, and the recent flag off of the construction of a New Enugu City and 400 kilometres of various roads to bolster infrastructure needed to attract investments, the governor is not leaving any stone unturned.
Last week, Mbah took his quest for investments to southeast Asia where he marketed Enugu to investors at the Nigerian-Indonesian Investment Trade Forum in Jakarta, Indonesia. Themed “Rediscovering Business Potentials in Nigeria and Indonesia”, the event, which was facilitated by the Nigerian-Indonesian Chamber of Commerce and Industry (NICCI), came after the first edition in 2022 attended by the then Vice of President of Nigeria, Prof. Yemi Osinbajo.
Pre-Event Media Convergence
The Enugu State Government said it will be collaborating with the Indonesian government to foster mutual prosperity, capital flows, and the diversification of Indonesian industries in the state.
Prof. Chidiebere Onyia, Secretary to the State Government (SSG), made this known on Friday at the Nigeria-Indonesia Trade and Investment (NIITF) news conference in Lagos.
The Enugu State Government revealed that it is collaborating with the Indonesian Government to boost capital development for industrialization in the state.
This was disclosed on Friday by Prof. Chidiebere Onyia, Secretary to the State Government (SSG), at the Nigeria-Indonesia Trade and Investment Forum (NIITF) in Lagos.
He said the partnership would see the diversification of Indonesian industries in the state.
The trade balance between Nigeria and Indonesia has risen from $2.6 billion in 2021 to $4.6 billion in 2022.
President of the Nigeria Indonesian Chamber of Commerce and Industry (NICCI), Ishmael Balogun, made this known at a news conference in Lagos to herald the Nigerian Indonesian Investment and Trade Forum (NIITF) 2023.
The NIITF was aimed at showcasing the best of Nigeria’s non-oil produce, driving foreign direct investment (FDI), and increasing the trade balance between Nigeria and Indonesia.
This year’s edition of the forum comes up this month in Jakarta, Indonesia, after its inaugural edition in 2022.
The Enugu State Government said it is set to collaborate with the Indonesian government to attract investment aimed at facilitating industrialization in the state.
Onyia said that deal will spur trading activities between Indonesia and the Enugu State, open up the myriad of investment opportunities in the state across key sectors such as energy, power and transport.
He noted that the state’s abundant mineral resources, fertile lands with rich plantations supporting production of the best cashew, sorghum, rice, cassava, and other agricultural species placed it as a vantage investment destination.
Enugu state and the Indonesian government are set to stimulate greater trade and investment between Nigeria and the Southeast Asian country across key sectors such as agriculture, energy, power and transport.
As part of the efforts, the Enugu State Governor, Dr Peter Mbah, is expected to give a keynote at the Nigerian Indonesian Trade and Investment Forum scheduled for Jakarta, Indonesia this month.
Both parties pursue mutual prosperity, capital flows and diversification of Indonesian industries into Enugu, the Enugu State Government said.
This was made known at a press conference organised by the Nigerian Indonesian Chamber of Commerce and Industry (NICCI) in Lagos.