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Nigeria-Kenya Chamber of Commerce grants 7 oil fields to NIgerian business men sparking deeper business ties in other sectors

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(Credit: Unknown) Uganda oil block
May 7
11:15 AM 2014

Dr Kiprono Kittony, the chairman of the Nigeria-Kenya Chamber of Commerce, announced in a meeting in Abuja Monday that 7 of the 46 newly discovered oil fields will be granted to Nigerian business men.

Last year, Nigerian President Jonathan visited Kenya for a meeting aimed to engage Nigerian business men to invest in the oil fields.

Given the new business tie in terms of oil fields Kittony notes the continuous ties in other markets mentioning the increased flights from Lagos to Kenya, three Nigerian banks operating in Kenya, and additional plans for a national carrier fly direct from Abuja starting June 6.

Other ties mentioned by Sanni Dangote, brother of Alhaiji Aliko Dangote a billionaire industrialist and Co-Chairman of the Joint Chamber of Commerce, observed the expansion of 8 Kenyan tea companies in Nigeria to meet increasing demand and popularity.

Mr. Dangote also revealed a proposal for a hospitality training institute and Nigeria's Nollywood to train Kenyan actors.

The conference ended with presidents from both countries to offer necessary support for business to thrive in respective countries. 

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