REPORTS ON THE JUST-CONCLUDED NIGERIA–HONG KONG BUSINESS SUMMIT 2025 AND THE MADE IN NIGERIA EXPO AND CULTURAL EXCHANGE

PREAMBLE

The Nigeria-Hong Kong Business Summit 2025 and the Made in Nigeria Expo and Cultural Exchange are initiatives aimed at promoting economic cooperation and trade between Nigeria and Hong Kong.

The summit was a strategic platform for partnership, progress, and prosperity, and a reflection of the shared vision of Nigeria and the People’s Republic of China for sustainable growth driven by innovation, production, and inclusive development.

The Summit took place in this pivotal moment in our nation’s journey. Mr. President Bola Ahmed Tinubu, GCFR, has set a clear and ambitious course under the Renewed Hope Agenda, aimed at repositioning Nigeria as the industrial and investment hub of Africa, and the Nigeria First Project.

The theme of the Summit, “Industrialize Nigeria,” speaks directly to this national aspiration, designed to move Nigeria from a consumption-based economy to a producing and exporting economy; from a resource-dependent nation to a value-creating powerhouse; and from potential to performance.

The Summit, which took place in Hong Kong, provided a global stage to showcase the creativity, resilience, and entrepreneurial spirit of Nigerians. During the Summit, participants explored investment opportunities, trade partnerships, cultural diplomacy, education, technology transfer, and innovation, while displaying Nigeria’s finest products and services to the Asian and global markets.

2. INTRODUCTION

The Nigeria-Hong Kong Business Summit 2025 and the Made in Nigeria Expo and Cultural Exchange are initiatives aimed at promoting economic cooperation and trade between Nigeria and Hong Kong. The Made in Nigeria Expo was designed to showcase Nigerian products and services, foster collaboration, and drive economic growth. The theme of the Summit was “Bridging Market Building Prosperity.”

2.1. Objectives:

The Made in Nigeria Expo and Cultural Exchange were designed to:

§ Promote locally manufactured goods and services

§ Support small and medium-sized enterprises (SMEs)

§ Foster economic growth, job creation, and entrepreneurship

§ Showcase Nigerian products and services globally

§ Foster economic cooperation and trade between Nigeria and Hong Kong

§ Provide a platform for businesses to network and explore opportunities

§ Discuss strategies for investment and partnership

2.2. Key Features of Made in Nigeria Expo and Cultural Exchange

· Featured exhibitions, workshops, and panel discussions on topics like innovation, trade policies, and economic growth strategies.

· The event provided opportunities for businesses to connect with local and international partners, investors, and entrepreneurs.

· Nigeria rich Cultural display

2.3. Leadership:

§ The Made in Nigeria Project Office is led by Hon. Nwabueze Buchi George, who serves as the National Coordinator.

§ The office operates under the Office of the Secretary to the Government of the Federation (OSGF) .

3. EVENT OVERVIEW

Nigeria-Hong Kong Business Summit 2025 took place as follows:

· Date: November 14-16, 2025

· Location: Hong Kong, Kowloon

· Made in Nigeria Expo and Cultural Exchange

3.1 Benefits of Promoting Nigerian products globally:

i. Promoting Nigerian products globally will lead to increased product exports, generating revenue, creating jobs, earning foreign exchange, and boosting the country's economy.

ii. Reduction in Nigeria’s reliance on oil exports, job creation, Poverty reduction, Cultural exchange, Unique products, Competitive pricing, and Innovation.

iii. Similarly, it will help build a positive brand image for Nigeria, increase visibility for Nigerian products, and strengthen diplomatic relations between Nigeria and other countries.

3.2 Challenges:

i. Product Standard: Nigerian products must meet international quality standards to be competitive globally by effectively implementing quality control measures.

ii. Infrastructure: infrastructure, such as transportation and logistics, needs improvement to support global trade, by investing in infrastructure to improve the business environment.

iii. Market access: Nigerian products may face trade barriers and protectionism in some markets due to product standards. Negotiating trade agreements can reduce trade barriers and increase market access for Nigerian products

4. KEY HIGHLIGHTS AND ACHIEVEMENTS

4.1. Business Deals and Partnerships Signed

During the Summit, we engaged with officials of Shanghai Electric. including Mr. King K. YU, Mr. Lister Chung, and Mr. Patrick Lee.

4.1.1. Profile of Shanghai Electric.

Shanghai Electric is one of the large comprehensive equipment manufacturers in China, with a leading industry covering energy equipment, industrial equipment, and other service fields. The overall advantage of clean, efficient product technology it can provide users all over the world with specific, comprehensive clean energy solutions.

As one of Shanghai Electric’s core businesses, Shanghai Electric Power Generation Group specializes in the manufacture of power generation equipment and the construction, engineering, and services of power plants, and the annual output is up to 36 million kW. Its leading products include 50MW~1240MW series of thermal power generation equipment and nuclear power generation equipment, plant environmental protection equipment, plant auxiliaries, AC & DC motors, etc.; its main innovative products cover 1000MW and above ultra-supercritical double reheat thermal power generation units and 1000MW and above nuclear power generation units, gas turbine and steam combined cycle units, etc. The first 1000MW ultra supercritical double reheat generator unit in the world, manufactured by the Group, has set a new record in the global coal-fired power efficiency, and represented the most advanced technology of thermal power in the world at present.

Shanghai Electric has its plant engineering project all over more than 30 countries and areas in the world, has undertaken more than 90 projects at home and abroad, with installed capacity exceeding 92 million kW and the economic, safe and stable indicators of the units all up to the advanced level among international like products. In 2017, it was listed at the position No. 141 among the world’s 250 largest international contractors of ENR.

The plant services of Shanghai Electric cover the full life cycle of the plant units in the operation, not only include energy saving complete transformation, environmental protection complete transformation, spare parts service, unit overhaul, operation and maintenance, remote diagnosis, gas turbine service, nuclear power generation service, etc., but also provide the users with the emerging services such as zero liquid discharge, fuel coupling, unit flexibility transformation, smart power plant, etc.

In response to global climate change, Shanghai Electric, one of the world's leading power plant equipment suppliers, has actively developed emerging industries such as solar power generation, seawater desalination, energy storage equipment, air-cooled equipment, dust-cleaning apparatus, and electric drive. In addition, several industries, such as superconducting motors, tidal power generation, and ocean current power generation, have already reached the technology tracking and cultivation phase.

4.1.2. Commitment from the company

During the round table with the officials. The company expressed its enthusiasm about bringing Shanghai Electric to Nigeria and working with the Nigerian government to improve the national power system, helping Nigeria unlock greater economic growth with its abundant human and natural resources. They suggested that a group of Nigerian government officials responsible for the power supply sector be organized as a delegation to visit Shanghai Electric in China as soon as possible to discuss potential cooperation.

5.0. ENGAGEMENTS AND EXHIBITIONS SCHEDULED FOR 2026

(i) Africa Products Fair, Expo, Exhibition & Economic Forum – Doha, Qatar

Dates: 20th–25th April 2026
Venue: Doha Exhibition and Convention Centre (DECC), Doha, Qatar

(ii) West Africa Products Fair, Expo, Exhibition & Economic Forum – Kuwait

Dates: 15th–19th May 2026
Venue: Kuwait International Fairground, Kuwait

(iii) Made in Nigeria Expo, Exhibition & Product Fair – China 2026

These programs align with the mandate of the Made in Nigeria Project Office to:

· Expand Nigeria’s international market footprint,

· Promote Nigerian products globally,

· Deepen bilateral and regional economic cooperation,

· Attract foreign direct investment into key sectors, and

· Strengthen Nigeria’s economic diplomacy framework.

6. ATTENDEES AT THE SUMMIT

The Summit was hosted by Ambassador Oludare E. Folowosele, Consul General, Nigeria Consulate, Hong Kong. Supported by Mrs Millicent Onuoha, Consola, Head of Chancery, and Mr. Bilyaminu Mohamed, Consul, Economics and Consular Matters.

Similarly, the executive and members of the Nigerian Community in Hong Kong, led by the President, Prince Clement C. Ekwughalu (CALLY), Mr. Animashanun Adekunle, I.D. Vice President. Mr. Ugo Harry Addison, Engr. Oguga Benedict, Assistant Secretary General, Mr Godwin Chukwuma, Financial Secretary, Mr. Ezidegwu Chidozie Samuel, Treasurer, Mrs. Anita Jims, Public Relations Officer, Mr. Onyeka Onora, Chief Welfare, and Mr. Oniana Sadeye Akan, Provost.



Government officials who attended the Summit from Nigeria include the Honourable Minister of State, FCT, Dr. Marlym Mamoud Baukure, Managing Directors of River Basin Development Authority, while the SGF office was represented by the Director SGF. Mr. Ikyenge, Tyokase Francis, and Dr Bassey B. Unaowo, SA-PS PEAO



Many Private sector investors from Nigeria and Hong Kong were also at the Summit.

7. BUSINESS DEALS AND PARTNERSHIPS SIGNED

During the Summit, the officials of Shanghai Electric. including Mr. King K. YU, Mr. Lister Chung, and Mr. Patrick Lee, was engaged.

7.1. Profile of Shanghai Electric.

Shanghai Electric is one of the large comprehensive equipment manufacturers in China, with a leading industry covering energy equipment, industrial equipment, and other service fields. The overall advantage of clean, efficient product technology it can provide users all over the world with specific, comprehensive clean energy solutions.

As one of Shanghai Electric’s core businesses, Shanghai Electric Power Generation Group specializes in the manufacture of power generation equipment and the construction, engineering, and services of power plants, and the annual output is up to 36 million kW. Its leading products include 50MW~1240MW series of thermal power generation equipment and nuclear power generation equipment, plant environmental protection equipment, plant auxiliaries, AC & DC motors, etc.; its main innovative products cover 1000MW and above ultra-supercritical double reheat thermal power generation units and 1000MW and above nuclear power generation units, gas turbine and steam combined cycle units, etc. The first 1000MW ultra supercritical double reheat generator unit in the world, manufactured by the Group, has set a new record in the global coal-fired power efficiency, and represented the most advanced technology of thermal power in the world at present.

Shanghai Electric has its plant engineering project all over more than 30 countries and areas in the world, has undertaken more than 90 projects at home and abroad, with installed capacity exceeding 92 million kW and the economic, safe and stable indicators of the units all up to the advanced level among international like products. In 2017, it was listed at the position No. 141 among the world’s 250 largest international contractors of ENR.

The plant services of Shanghai Electric cover the full life cycle of the plant units in the operation, not only include energy saving complete transformation, environmental protection complete transformation, spare parts service, unit overhaul, operation and maintenance, remote diagnosis, gas turbine service, nuclear power generation service, etc., but also provide the users with the emerging services such as zero liquid discharge, fuel coupling, unit flexibility transformation, smart power plant, etc.

In response to global climate change, Shanghai Electric, one of the world's leading power plant equipment suppliers, has actively developed emerging industries such as solar power generation, seawater desalination, energy storage equipment, air-cooled equipment, dust-cleaning apparatus, and electric drive. In addition, several industries, such as superconducting motors, tidal power generation, and ocean current power generation, have already reached the technology tracking and cultivation phase.

7.2. Commitment from the company

Consequence of our meeting with Shanghai Electric during the Summit, the company expressed its enthusiasm about bringing Shanghai Electric to Nigeria and working with the Nigerian government to improve the national power system, helping Nigeria unlock greater economic growth with its abundant human and natural resources. They suggested that a group of Nigerian government officials responsible for the power supply sector be organized as a delegation to visit Shanghai Electric in China as soon as possible to discuss potential cooperation.

8. RECOMMENDATIONS AND LESSONS LEARNT

The Made in Nigeria Project Office should be effectively supported by the government, morally, financially, and otherwise, to enable it to meet up with its responsibilities and continue to sustain momentum and build on the successes of the Hong Kong events.

The Summit suffered a serious setback due to the withdrawal of subscribers who initially indicated interest in taking part in the Summit due to uncomplimentary remarks from some staff of PEAO- OSGF. As a lesson learnt, staff of PEAO-OSGF who know next to nothing about the Project should be warned not to run the Project down with their negative remarks.

9. CONCLUSION

Overall, promoting Nigerian-made products and services globally will have significant economic, social, and competitive benefits, contributing to Nigeria's economic growth and development.