Bulgaria-Nigeria Trade Volume Records 70% Growth – Envoy

The Bulgarian Ambassador to Nigeria, Amb. Yanko Yordanov, has informed members of the House of Representatives and other stakeholders that his country is enjoying an excellent business, diplomatic as well as other relationships leading to increase in stronger ties in various fields.

He stated this while Speaking at a farewell meeting organised in his honour by the Nigeria-Bulgaria Parliamentary Committee in the House of Representatives on Wednesday.

He said, “One of the areas of partnership and business in terms of trade is Bulgaria looking at expanding in Nigeria. We’ve already expanded by 70% growth of the trade volume. This is due mostly to our cooperation in the area of agriculture, in the area of business ties, leading to partnerships in the transportation and the infrastructure project. So, we are very much looking forward to building upon what we have achieved.

“But of course, enlarging it, and I must say that we have a very good cooperation in IT and high-tech. So I’m sure that we can easily identify new areas to build further on the progress that we have achieved already.

“The new emotion that I am feeling is, let’s say, the enthusiasm and satisfaction I see from the results. But I am very much looking forward to further cooperation between our two nations. You will see Bulgaria is also a very hospitable country and I am sure that both nations can easily find a way to continue”.

On his part, Chairman of the Committee, Hon. Munachim Ikechi Alozie commended the Bulgarian Ambassador to Nigeria who he said has taken his duty to a higher level through engagement with Nigerians at various levels.

He said, “In his four years of service here in Nigeria, he has been able to visit 22 out of the 36 States of our country; And he has this to say about Nigeria: “Nigeria is not only the giant of Africa but also as a country with many giants, in terms of culture, heritage and opportunities.”