Chamber of Commerce 65th Anniversary and Presidential Inauguration
Victoria Island, Lagos – April 12, 2025
In a grand celebration of bilateral relations and business excellence, the Nigerian-American Chamber of Commerce (NACC) commemorated its 65th anniversary and inaugurated its 20th National President, Alhaji Sheriff Balogun, at the Lagos Continental Hotel, Victoria Island. The event, themed “The Power of Cooperation: 65 Years of Optimizing Nigerian-American Economic Relations,” was attended by a distinguished array of dignitaries, including His Royal Highness Malam Dr. Ahmed Nuhu Bamalli, Emir of Zazzau, who served as the Royal Father of the Day .
A Legacy of Bilateral Engagement
Established in 1960, the NACC has been instrumental in fostering trade and investment between Nigeria and the United States. Over the decades, it has served as a pivotal platform for business development, networking, and strategic cooperation, contributing significantly to the economic landscapes of both nations .
Leadership Transition and Vision
Alhaji Sheriff Balogun, a seasoned member of the Chamber’s board and former Deputy President, assumed the presidency, succeeding Dame Adebola Williamson. In his address, Balogun outlined a forward-looking agenda focusing on:
SME Development and Training: Empowering small and medium enterprises through capacity-building initiatives.
Export-Focused Groups: Establishing specialized groups to enhance Nigeria’s export capabilities.
Financing Opportunities: Facilitating access to funding for import and export businesses.
Trade Missions and Expos: Organizing events to promote international trade relations.
Business Incubator and Accelerator Programs: Supporting startups and small businesses in their growth trajectories.
Digital Transformation Workshops: Encouraging the adoption of digital technologies among members.
Youth and Women Entrepreneurship Programs: Promoting inclusive economic participation .
Dignitaries and Honorees
The event was graced by notable personalities, including:
Vice President Kashim Shettima: Serving as the Special Guest of Honour.
Governor Babajide Sanwo-Olu of Lagos State: Acting as the Chief Host.
Rt. Hon. Tajudeen Abbas, Senator Barau Jibrin, Governors Uba Sani, Dauda Lawal, Umo Eno, Dr. Jumoke Oduwole, Hon. Hannatu Musa Musawa, Dr. Akinwumi Adesina, and Dr. John Momoh: Recognized for their contributions to Nigerian-American relations.
The Chamber also honored distinguished individuals and organizations:
His Excellency Americo D’Oliveira Dos Ramos: Prime Minister of São Tomé and Príncipe.
Aare Afe Babalola, Chief Michael Ade-Ojo, Prince Arthur Eze, and Chief Pius Akinyelure: Celebrated for their outstanding contributions to the business community.
Posthumous honors were bestowed upon:
Ambassador Walter Carrington: Former U.S. Ambassador to Nigeria.
Mr. Richard Kramer: Founder and CEO of African Capital Alliance Limited.
Mr. Sylvester Turner: The 62nd Mayor of Houston, Texas .
Future Endeavors
A highlight of the evening was the unveiling of plans for a new multi-storey NACC headquarters, symbolizing the Chamber’s commitment to expanding its influence and capabilities. Additionally, 52 new members were inducted, reflecting the organization’s growing reach and relevance.
Conclusion
The presence of the Emir of Zazzau and other eminent figures underscored the significance of the NACC’s role in strengthening Nigerian-American economic ties. As the Chamber embarks on a new chapter under Alhaji Sheriff Balogun’s leadership, it remains poised to further its mission of fostering sustainable economic growth and cooperation between the two nations.
Dr. Amiida HeadlineNews.News, Victoria Island, Lagos
