Lagos — The Nigeria-Slovenia Chamber of Commerce has called on Nigerian entrepreneurs and investors to take advantage of emerging business opportunities in the Republic of Slovenia to expand their global reach.
The appeal was made during the chamber’s 2025 Last Quarter Business Forum held on Thursday in Lagos. The routine forum provides updates on mutually beneficial economic prospects between both countries.
Speaking at the event, the Director-General of the chamber, Mr. Uche Udungwor, said the Nigeria-Slovenia Chamber of Commerce operates as a bilateral economic NGO dedicated to promoting and facilitating trade and investment activities between Nigeria and Slovenia.
Udungwor noted that the chamber has consistently fostered economic exchanges that have positively impacted citizens of both countries.
He outlined the mandate of the chamber to include:
- Providing a platform to advance commercial and industrial relations between both nations.
- Creating and sustaining broad exchanges in economic, commercial, industrial, technical and scientific fields.
- Promoting cooperation on innovation through regular information-sharing on trade and investment opportunities.
- Advising members on opportunities, challenges, and policy issues affecting bilateral trade.
- Encouraging dialogue and exchange of ideas that enhance trade between Nigeria and Slovenia.
Udungwor highlighted Slovenia’s major imports from Nigeria, including organic chemicals, agro-products such as cocoa beans, iron and metal scraps, wood, and petroleum products.
He also listed Slovenia’s major exports as pharmaceuticals, industrial machinery, automobiles and components, furniture, ICT products, and renewable energy technologies.
According to United Nations COMTRADE data, Slovenia’s total imports from Nigeria in 2022 stood at $5.7 million, a figure Udungwor described as “not quite encouraging” considering the potential for stronger trade ties.
He described Slovenia—located in Central Europe and home to 2.1 million people—as a promising business frontier for Nigerians, backed by a $72.49 billion GDP, a strong economy, and a low-risk business environment.
“Slovenia, a member of the EU since 2004, Schengen Area since 2007, and OECD, is a stable and vibrant democracy that serves as a bridge between the Balkan, Central and Western European markets,” he said.
He added that the chamber remains committed to providing Nigerian businesses with up-to-date information and guidance on opportunities within Slovenia’s economy.
A participant, Mr. Muyiwa Ajose, shared that his engagement with the chamber has significantly boosted his agro-export activities to Slovenia.