Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


6 Indonesian companies sign MOU with local companies

04 June 2014, 19:15

Lagos - Six Indonesian companies have signed a Memorandum of Understanding (MoU) with their Nigerian partners.

Pontas Tobing, Director of Indonesian Trade Promotion Centre (ITPC), disclosed this on the sidelines of an International Agriculture Exhibition in Lagos.

The IPTC’s director listed the companies to include Plasindo Bhama Prasaste, Kinocare Era Komestido, Tiga, Sari Incofood, NutriFood and Dolphin.

Pontas said that the companies were engaged in the production of agricultural equipment, cosmetics, instant coffee and tea, slimming milk and chocolate snacks.

“With the signing of the MoU between these six Indonesian companies and their Nigerian business partners, trade relations between Nigeria and Indonesia has been further enhanced.

“I am hopeful that the MoU will promote the exchange of products between the two countries.

"We will continue to encourage more Indonesian companies to come and invest in and take advantage of the Nigerian market,’’ he said.

The Indonesian Government official said that with the signing of the agreement, a number of business opportunities had been open to the Nigerian partners.

Pontas said that the companies decided to visit Nigeria to have a `one-on-one interaction with their Nigerian partners'.

The director said that many more Indonesian companies had indicated interest in coming to invest in and market their products in Nigeria.

"Many Indonesian companies are becoming more and more interested in doing business in Nigeria.

"In the same way, we want more Nigerians to  also come and do business, as well as invest in Indonesia,’’ he added.

-         NAN

For the latest on national news, politics, sport, entertainment and more follow us on Twitter and like our Facebook page.


Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...