Nigeria: NACC Seeks Sanwo-Olu's Backing for US-Nigeria Trade Centre

1 June 2026

The Nigerian-American Chamber of Commerce (NACC) has presented an ambitious proposal to the Lagos State Government for the establishment of a permanent centre for U.S.-Nigeria Commercial Diplomacy in Lagos, in what the Chamber described as a defining legacy project for bilateral trade relations. The proposal, christened the "Lagos Legacy Project", was formally presented during a high-level courtesy visit to Governor Babajide Sanwo-Olu at Lagos House, Marina.

Led by its National President, Sheriff Balogun, the delegation said the proposed national headquarters of NACC would serve as the institutional hub for commercial relations between Nigeria and the United States for the next 50 years and beyond.

Speaking during the engagement, Balogun stressed the historical bond between the Chamber and Lagos State, noting that the organisation was founded in Lagos in 1960, the same year Nigeria gained independence.

"Lagos is not where NACC is located. Lagos is where NACC was born," he said.

According to him, every major activity of the chamber over the past six decades, including Executive Council meetings, Annual General Meetings and Nigeria-United States Business Summits, has taken place in Lagos.

"Lagos has been our silent partner for six decades. Today, we come with a respectful invitation to formalise that partnership," he added.

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