The Nigeria-Slovenia Chamber of Commerce has urged Nigerian entrepreneurs to explore trade and investment opportunities in Slovenia, describing the Central European nation as a promising business frontier. The call was made during the chamber’s 2025 Last Quarter Business Forum held in Lagos, a regular platform aimed at connecting Nigerian businesses with international markets.
Speaking at the event, which drew business leaders and trade regulatory officials, Mr. Uche Udungwor, Director-General of the chamber, emphasized the strong potential for bilateral economic growth between Nigeria and Slovenia.
“Our chamber was established to promote, facilitate, and sustain trade and investment activities between both countries. We provide a forum for sharing information, exchanging ideas, and helping businesses navigate opportunities and challenges,” Udungwor said.
He highlighted the chamber’s key mandates, including fostering collaboration on technical and scientific innovation, advising members on trade legislation, and promoting commercial and industrial exchanges between Nigeria and Slovenia.
According to Udungwor, Slovenia’s imports from Nigeria include organic chemicals, cocoa beans, metal scraps, timber, and petroleum products, while the country exports pharmaceuticals, industrial machinery, automobiles, automotive components, and furniture. Slovenia also presents significant opportunities in ICT and renewable energy sectors.
However, he noted that trade volumes remain modest, citing United Nations COMTRADE data showing that Slovenia imported only $5.7 million worth of goods from Nigeria in 2022.
Udungwor described Slovenia—a country of about 2.1 million people, located in Central Europe with Alpine mountains, dense forests, and a short Adriatic coastline—as a stable and low-risk business environment. He highlighted Slovenia’s EU membership since 2004, Schengen participation, and OECD membership, positioning it as a strategic gateway to Balkan, Central, and Western European markets.
“Slovenia offers a vibrant economy and stimulating business environment. The Nigeria-Slovenia Chamber is committed to providing accurate, up-to-date guidance to help Nigerian businesses successfully enter this market,” he added.
Participants praised the chamber’s efforts, with Mr. Muyiwa Ajose, a local entrepreneur, noting that his partnership with the chamber significantly boosted his agro exports to Slovenia.
The chamber continues to position itself as a vital link between Nigerian enterprises and Slovenia, aiming to foster sustainable economic growth and mutually beneficial trade relations.
