A General Meeting of US Companies doing business in Nigeria in May 2005, unanimously endorsed the need for an American Business Council (ABC) which , operating like a 'think tank', will focus on policy issues and practical implementation steps in support of Nigerian public and private section leadership as well as ongoing reform initiatives in the country. It is designed to bring ABC's Nigerian based resources combined with the US support, to bear on selected issues and reform initiatives that show potential Read more...
- To promote the development of commerce and investments between the United States of America and the Federal Republic of Nigeria.
- To provide a forum in which American business executives in Nigeria and other business executives with American interests may identify, discuss, pursue common interests affecting their activities.
- To liaise with the Chamber of Commerce of the United States and other chambers of commerce and institutions pursuing similar objects, and to advocate the views of the American business community in Nigeria to public and private interests in the United States and Nigeria.
- To work with individuals and organizations in Nigeria or elsewhere on matters of mutual interest.
- To create awareness of Nigeria's business and investment opportunities in the United States and among the American business community in Nigeria.
- To champion the promotion of free trade in goods and services and removal of trade barriers between Nigeria and the United States and use its best endeavours to influence United States' policies and laws affecting business in Nigeria;
- To develop programmes for capacity building and human capital development in Nigeria through such initiatives as structured institutional, communal and individual donation of funds, skills, tools, equipment and materials to the educational, health and other sectors involved in the socio-economic development of Nigeria
The American Business Council, the affiliate of the US Chamber of Commerce in Nigeria has announced the voluntary disengagement of its Consultant- Coordinator, Mr. Adekunle Olumide. Mr. Olumide has been an outstanding leader as founding member and consultant to the American Business Council, a true inspiration, and committed world class diplomat whose contributions were integral to the Council’s success and continuity. He was a one-time career diplomat, Federal Permanent Secretary, and the First Director-General of the Lagos Chamber of Commerce and Industry.
With Mr. Olumide’s disengagement, Margaret Olele has been appointed as the new CEO/Executive Secretary of the Council, effective September 1st, 2017. Prior to this role, Margaret was a substantive member of the Council's Board of Directors representing her former organization, Pfizer where she worked as the Corporate Affairs Director for West and East Africa.
While commending Mr. Olumide’s service, Dr. Lazarus Angbazo, President of the Council, noted that the new appointment of Mrs. Olele will further strengthen the Council’s operating rhythm and strategic priorities.
The American Business Council was established in 2007 as a key vehicle for expanding trade investment opportunities between Nigeria and the United States of America working in the interest of its members and both countries. The Council supports sustainable socio-economic reforms in Nigeria through collaborative engagements with the government and other stakeholders.