Expo 2025 will increase Nigerian trade, cultural exchange- Trade Minister

The Osaka Japan Expo 2025 will contribute to an increase in trade and cultural exchanges as well as attract Foreign Direct Investment into Nigeria.

Minister of State for Industry, Trade and Investment, Amb. Mariam  Katagum stated this during the inauguration of a Technical Committee on Nigeria’s preparation for the Expo 2025 at Osaka, Japan with the theme “Designing Future Society for Our Lives” in Abuja.

She explained that the Expo  offers a unique opportunity for all the States and the FCT, Public and Private sectors to assemble under a business umbrella, where they can express themselves using their own unique cultural setting, investment ideas and programmes.

According to the Minister, “Expo 2025 Osaka, Japan is a global event for millions of people, from different countries to share ideas, showcase innovation, encourage collaboration and celebrate human ingenuity”.

The Minister pointed out that beyond presenting ideas towards achieving the SDGs, Expo 2025 would also facilitate discussions on future societal goals from medium to long term perspectives, by providing opportunities for the global community to design, experiment and demonstrate possible future societies that would save, empower and connect lives for years to come.

Amb. Katagum noted that Nigeria’s participation at the 2025 World Expo in Japan would guarantee access to over 180 participating economies and International Organizations, brought under one umbrella for economic interactions and networking which would also serve as a valuable platform for the promotion of “Made-in-Nigeria” goods and services.

“The Expo will also be used to further expose Nigerian innovators to the world, especially in the area of Fintech, ICT and Renewable Energy, where young Nigerians are making a headway around the globe, through innovative and technological exchanges with global industry leaders”, the Minister stated.

The Permanent Secretary in the Ministry, Dr. Evenly Ngige  reiterated the Ministry’s determination to lead a robust participation with trackable economic results.

The Permanent Secretary who was represented by the Director Human Resources Department in the Ministry, Mr. Yisau Adepoju charged members of the committee to work together as a team   in attaining the Ministry’s mandates to secure Foreign Direct Investments, increase both Gross Domestic Products and Gross National Products.