Pakistan to invest $250 million in Nigeria –

Bilateral trade volume between Nigeria and Pakistan has increased from $80million in 2012 to $500million in 2015, even as the all Pakistan Business Forum has set up a pool of funds worth $250 million for investments in Nigeria.

Honorary Consul-General of Pakistan in Nigeria and President, Pharmaceutical Society of Nigeria (PSN), Ahmed I Yakasai, on the occasion of 70th Independence Day Anniversary of Pakistan celebrated in, Lagos, said: “…The visit of the President of Pakistan, His Excellency, Mamnoon Hussain in 2014 was the climaxed as the Nigeria- Pakistan Joint Commission was resuscitated and began discussion on improving trade and economic relations.

“However, the bilateral trade volume moved from $80million in 2012 to $500million in 2015.

And I know with the huge unexplored potentials in agriculture, solid minerals, textile, pharmaceuticals, education, which can yield high returns, the trade volume can move to $1billion by 2018.