“We are very glad that the president of South Africa is going to visit Nigeria very soon”.
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In a statement yesterday, the South African Presidency said Zuma was travelling to Nigeria at Buhari’s invitation.
Clover, a South African beverage line responsible for the production of Tropika fruit juice, says it is withdrawing future investments in the Nigerian market.
Nigeria may be Africa’s largest economy – having overtaken South Africa in 2014 after the data was overhauled – but South Africa still dominates because of better power and transport infrastructure, a sophisticated financial services industry and a more diversified economy.
A Bi-National Commission was established in 1999 and the two countries have since signed 34 bilateral agreements, including memoranda of understanding, covering a wide range of areas.
President Jacob Zuma of South Africa has arrived in Nigeria and is presently meeting with President Muhammdu Buhari.
President Jacob Zuma has encouraged all eligible voters to go out and register “in great numbers” for the 2016 local elections during the IEC voter registration weekend.
It is expected that Zuma will formally present himself at the Presidential Villa in Abuja, where he will be accorded all the protocol of a visiting head of state.
According to the Nigeria-South Africa Chamber of Commerce (NSACC), South African firms are active in Nigerian business sectors such as telecommunications, broadcasting, petroleum, banking and hospitality, among others.
Instead, the minister stated that it was meant to boost the economic ties between both countries.
The ISS said the Big Five is based on the demographic, economic and military size of these countries, as well as their historical role as regional leaders.
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He urged the government to prevail upon South Africa to relax the visa restrictions for Nigerians as it had done for southern African countries like Zimbabwe and Lesotho.
