Don't Miss


Home   >   Business   >   Nigeria eyes foreign investment at UK Trade Mission

Nigeria eyes foreign investment at UK Trade Mission

By on November 5, 2015

Nigerian-British Chamber of Commerce (NBCC) and the Nigerian Export Promotion Council (NEPC) have concluded plans to lead a delegate of 40 business executives on a five-day Trade Mission to the United Kingdom from 2nd to 6th November, 2015.
This year’s mission is aimed at attracting foreign investment to Nigeria with a focus on multi sectors, particularly the non-oil products and services.
Announcing the investment target in Lagos recently, the President NBCC, Prince Dapo Adelegan, stated that the Chamber was committed to increasing trade relations between Nigeria and Britain.  He said the Chamber’s partnership with NEPC was to enhance its drive to attract UK investors to different States in Nigeria during the UK Trade Mission. He pointed out that the Trade Mission will provide opportunities for state governors to showcase the investment potential in their various states.

According to Adelegan, “During the trip, premium members of the chamber and other delegates will have a face to face interaction with high level business leaders in the UK, trade related government officials, and a number of UK based Chambers of Commerce.”

He described Nigeria as one of the best destinations for business with its position as the biggest economy in Africa, having enjoyed political stability in the past few years.

The NBCC boss noted that the highlight of the mission will be the presentations from the Fashion Designers Association of Nigeria (FADAN) and the Committee for Relevant Art (CORA). He said they would participate in a-two-day ‘‘Made in Nigeria Exhibition’’ organised to showcase made-in-Nigeria products.

NBCC had in the past, partnered the United Kingdom Trade and Investment (UKTI), a joint effort that has translated to the steady growth of trade relations between the two countries, with trade volume increasing from £4 billion to £8 billion between 2010 and 2014.

 

[ThisDay]