Nigeria-Mexico Chamber of Commerce Launched to Boost Trade and Investment Relations

The formal unveiling of the Nigeria-Mexico Chamber of Commerce (NMCC) took place recently, with its primary aim being the promotion of stronger trade and economic relations between the two nations.

The launch event, held in Abuja on Tuesday, also featured the public presentation of the Chamber’s Board of Directors.

At the ceremony hosted by the Mexican embassy, Mexico’s Ambassador to Nigeria, Amb. Alfredo Miranda, referred to the Chamber’s establishment as “a new chapter in the economic, cultural and strategic relations between the two great nations.”

He highlighted that the Chamber would serve as a platform for fostering exchange in business, innovation, and enterprise, pointing out the shared cultural richness, resilience, and determination of both countries.

Amb. Miranda added that the NMCC aims to act as a key enabler for businesses in Nigeria and Mexico—offering market insights, encouraging investments, and strengthening mutual cooperation.

Miranda said: “This is the moment we are certain will work, create a new narrative and show to people that together Nigeria and Mexico are big power houses.

“The two countries do wonderful work for their continents. We have to continue working in trade, this is why it is important to focus on these strategic areas and see the capacity of some countries.

“I believe that in the future, we will have more positive figures than what we have just done.“

Amb. Yusuf Tuggar, Nigeria’s Minister of Foreign Affairs, stressed the importance of boosting bilateral cooperation to unlock economic prospects for both countries. Represented by Amb. Anderson Madubuike, Director of the Economic, Trade and Investment Department, Tuggar said: “There are so much that the two countries can do in advancing the global economy, good enough this NMCC has come at an auspicious moment.

“By talking about globalisation we are saying African countries must come together to take their rightful places in the committee of nations.”

Meanwhile, Mr. Idi Mukhtar, the Minister of Livestock and Rural Development, pledged to expand agricultural opportunities through targeted investments in the red meat value chain, livestock health, and dairy production.

Mukhtar observed that Nigeria currently spends approximately $1.5 billion annually on dairy imports and emphasized the government’s plan to scale up local meat production and boost its competitiveness globally.

“So, the ministry is open to investment and this is where we have been able to send a message to all captains of industry and the newly created Nigerian-Mexico,” he said.

Arim Topete, President of NMCC, praised the successful event, noting that it signaled the beginning of a chamber based on mutual trust, opportunity, and foresight.

She emphasized the economic stature of Mexico, stating that the country is ranked as the world’s 12th largest economy with a GDP of $1.8 trillion.

Pete said, “We are going to focus on trade with Nigeria as our primary focus. Times have changed and the rules of trade have also been rewritten.

“So it is a good time for NMCC because there are so many opportunities across both countries. Our economies are so complimentary, it is for us to now start the initiative,” she said.

Attendees at the inauguration included Dele Kelvin Oye, President of the Nigerian Association of Chamber of Commerce, Industry, Mines and Agriculture (NACCIMA), as well as representatives from various Nigerian trade chambers, diplomats, and business leaders.

The NMCC was formed to encourage two-way trade and investment, help businesses navigate legal and regulatory frameworks, and promote partnerships that lead to employment, knowledge sharing, and technological progress in both countries.