馃嚦馃嚞NigeriaWest Africa
Grenada offers visa-free entry and investment opportunities to Nigerian investors
via Punch Nigeria3 min read
Grenada is strengthening economic ties with Africa by offering Nigerian investors, professionals, and entrepreneurs visa-free access, with direct air links planned, and an investment drive across various sectors. Bidemi Sonoiki, Grenada's Honorary Consul in Nigeria, stated that Grenada aims to be a strategic platform for Nigerian businesses seeking new markets. Visa-free access for Nigerians is expected to begin in July, aiming to reduce barriers for business travel, investment, and educational exchange. Discussions are also underway to establish direct air connectivity between Nigeria and the Caribbean within six months to boost trade and investment. Sonoiki highlighted that these opportunities extend to skilled professionals, entrepreneurs, and small businesses. Key sectors for engagement include tourism, healthcare, agriculture, agro-processing, logistics, education, fintech, renewable energy, and real estate. Relations between Nigeria and Grenada have grown since the establishment of the Grenadian Honorary Consulate in Lagos in 2022, leading to increased diplomatic engagement, private-sector cooperation, and the creation of the Nigeria-Grenada Chamber of Commerce. Grenada, known for its nutmeg and mace production, has diversified its economy into tourism, education, financial services, and emerging industries, offering a stable parliamentary system, an investor-friendly business environment, and access to wider Caribbean markets through its membership in the Caribbean Com
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