The Nigerian-Hungarian Chamber of Commerce has encouraged business between both countries following its first breakfast meeting and induction ceremony.
In a statement, the chamber said it inducted 30 new members at an event, which was recently held at its Lagos office.
It noted that the induction marked a new phase for its operations since its formal establishment earlier this year.
The chamber’s President, Spencer Onosode, praised the members’ entrepreneurial drive and described Hungary as a resilient country with a rich science and technology tradition.
“Hungary has survived countless wars and global shifts, excelling in education, tourism, the arts, and architecture,” Onosode said, urging members to leverage these strengths.
The meeting featured a presentation by the Chamber’s Business Development Director, Izabella Abia-Okon, on “Glimpses of Hungary”, which highlighted Hungary’s innovations and business opportunities.
A new member, Banji Akinsola, who studied in Hungary and speaks Hungarian fluently, shared his insights on the benefits of engaging with Hungary’s business landscape.
He described Hungary as a land of vast opportunity, based on his experiences as a student and businessman.
Players in the Nigerian-Hungarian trade space also attended the event, including the Chief Executive Officer of GEC Academy International, Josephine Peters, who has been facilitating Nigerian student placements in Hungarian institutions for over 30 years.
The former Ambassador to Hungary and the Balkan Region, Dr Modupe Irele, noted that Hungary was increasingly recognising the potential of the Nigerian market.
“Members need to look critically at sustainable sectors from Hungary such as medicine, pharmacy, agriculture, and innovative technology, which can enhance Nigerian enterprise,” she advised.