Namibia and Nigeria are mulling a plan to enhance economic cooperation for the benefit of the two states, said Lilian Ijeukwu Onoh, New Nigerian High Commissioner on Tuesday in Windhoek.

According to Onoh, discussions on the establishment of a joint oil refinery in Namibia are currently underway, through which the two states aims to maximize cooperation in the energy sector.

The envisaged cooperation is set to boost trade between the SADC and ECOWAS states.

“The competitive advantage and strength of setting up a joint oil refinery in Namibia is its ample space, and Nigeria with its oil and straight shipping potential. In terms of the South-to-South cooperation, Namibia is a designated frontier of trade,” she said.

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Both sides further planned to enhance transport cooperation to facilitate the expansion of their mutual trade. Enditem

Source: Xinhua/Newsghana.com.gh