Nigeria and South Africa have fully operationalised the Joint Ministerial Advisory Council on Industry, Trade, and Investment to enhance economic cooperation between the two leading African economies.
President Cyril Ramaphosa disclosed the decision on Tuesday in Cape Town, South Africa, at the Nigeria -South Africa Business Roundtable.
At the roundtable, President Bola Tinubu assured that Nigeria is open for business and ready to provide stability, security, and the rule of law for businesses to thrive.
At the event attended by business leaders, government officials, and trade stakeholders, President Tinubu expressed commitment to address issues discouraging South African investors from growing their businesses and franchises in Nigeria, and called on South Africa to reciprocate by allowing Nigerian companies to operate and flourish in South Africa.
