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Saturday, July 25, 2020 / 10:00PM / NBCC / Header Image Credit:NBCC
The Nigerian-British Chamber of Commerce (NBCC) on Thursday,
July 23, 2020, hosted its Opportunity Nigeria Conference. In his welcome speech, the President and
Chairman of Council of the NBCC, Mr Kayode Falowo stated that the theme "Nigeria- Gateway to Emerging African
Markets was apt given the economic realities in Nigeria today, and her
relationship with the UK and other countries in the world. The Conference would have been held in the UK as part of
the Chamber's 2020 Annual Trade Mission activities, to promote Trade &
Investment between Nigeria & Britain.
The Conference keynote address was delivered by Otunba Adeniyi
Adebayo, Minister of Industry, Trade & Investment. There were goodwill
messages from Nigeria High Commissioner to United
Kingdom, Ambassador George Oguntade & British Deputy High Commissioner
to Nigeria, Ms Harriet Thompson.
Also speaking at the event were Ms Emma Wade-Smith, OBE, Her Majesty's Trade
Commissioner for Africa; Dr Doyin Salami, Chairman, Presidential Economic
Advisory Council; Mr Sarmad Lone, Regional Head of Global Banking Africa & Middle
East, Standard Chartered Bank; Ms Yewande
Sadiku, Executive Secretary, Nigerian Investment Promotion Commission (NIPC),
with Ms Chantele Carrington, COO, PWC UK, Africa Business Group moderating the
panel discussion.
In his keynote address, Otunba Adeniyi Adebayo highlighted the
Federal Government's commitment to improving Nigeria's business environment and
the initiatives undertaken to position Nigeria as the investment destination of
choice in Africa. Speaking on investment opportunities, the Minister stated
that: '...our national priority
remains expanding local production and significantly improving aftercare
services for strategic investors. Our efforts are therefore focused on
implementing consistent and predictable policies to diversify the economy and
mitigate investor uncertainty..."
Speaking on the
theme of the conference, Ms Wade-Smith's perspective is that the sheer scale,
dynamism seen across the country, the ambitions and aspirations of the
government to the reforms to keep propelling the economy forward, make the
country continue to be competitive to the crown of the gateway to Africa. She
commented that there is still a lot of untapped potential that exist, and both
the UK and Nigeria governments are committed to see increase in the value of
trade and investment in both directions so that the economy and people create
and sustain even more jobs.
For over 40
years, the Nigeria-British Chamber of Commerce has been fostering increased
trade & investment between Nigeria & Britain. The NBCC is an
international affiliate of the British Chamber of Commerce, BCC, which grants
its members access to a network of 53 Chambers of Commerce across the British
Commonwealth.
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