Yesterday, the two countries signed a Memorandum Of Understanding (MOU) for the establishment of a consultation mechanism of common interest in Abuja.

The Minister of Foreign Affairs, Olugbenga Ashiru, maintained that in the present drive for investment in the thriving non-oil sector, the form of economic cooperation envisaged would “usher in various opportunities for the procurement by Nigeria and Nigerian interests, of Mexican agricultural machinery to boost the food security needs of the country”

The joint economic commission, it was further learnt, had become imperative because the experts on the Nigerian side of the table see the country’s comparative advantage embedded in the American country’s interest in the high quality animal skin export among others.