The Deputy President of the Senate, Senator Ike Ekweremadu, has stressed the need for greater diplomatic and economic ties between Nigeria and the Republic of Korea.

Ekweremadu made the call on Tuesday when he received the Ambassador of the Republic of Korea to Nigeria, Noh Kyu-duk, in his Office in Abuja.

According to him, “both countries share some political history and it is also good we share development ideas”.

The Deputy President of the Senate commended the Republic of Korea for their support towards the socio-economic development of Nigeria, especially in the areas of education, Information and Communications Technology, agriculture, and manpower development through the Korea International Development Agency, KOICA.

He however called for more South Korean investment in Nigeria, noting that more efforts had been made by Nigerian government to boost infrastructure and make the nation’s business environment more conducive.

He assured that Nigeria would address a few lingering concerns of the South Korean business interests in Nigeria such as double taxation and pending issues in the oil and gas sector.

Ekweremadu noted that parliamentary diplomacy between the national parliaments of both countries had enhanced bilateral relations and would be further sustained for mutual benefits of Nigeria and South Korea.

“No doubt, the Nigeria/Korea Parliamentary Friendship Group remains one of our major strides in bilateral cooperation, and I assure you that we will continue to strengthen this union for the good of our nations”, he added.

Earlier in his remarks, the Ambassador of the Republic of Korea to Nigeria, Noh Kyu-duk reiterated the need for greater economic and parliamentary cooperation between Nigeria and South Korea.