Dáil Éireann Debate, Thursday - 13 February 2014
218. Deputy Dominic Hannigan asked the Minister for Agriculture, Food and the Marine the progress made during the trade visit to Nigeria on agribusiness potential, in view of the fact that some of the fastest growing states in the world are in Africa; and if he will make a statement on the matter. [7258/14]
View answerThe trade mission to Nigeria took place from 13 to 15 November last. It was organised by Enterprise Ireland and led by my colleague Minister of State for Trade and Development, Joe Costello. The visit was part of a wider programme that also encompassed South Africa. The overall aim of the visit was to develop trade in this important emerging market in Africa. Nigeria is the most populous country in Africa with over 160 million people, approximately half the population of the United States and has a GDP rate of increase of 7% per annum.
Irish food and drink exports to Africa were €526 million for 2012, representing an increase of 7.3% on the 2011 figure of €490 million. The main components of the trade are Dairy Ingredients (Skimmed Milk Powder and Whole Milk Powder), Pelagic fish and Beverages. Nigeria is by far the largest market accounting for €170 million: dairy exports reached €100 million and seafood €68 million and it is becoming a hub for Irish companies wanting to expand their exports into the ECOWAS economic bloc.
Bord Bia participated in the trade visit with a view to supporting Irish companies already present in this market, identifying new business opportunities, assisting Irish industry regarding certain export constraints and endorsing the Kerry Group during their official opening of a new office in Lagos.
