Sponsored
Business

Nigerian-British Chambers of Commerce Pledges Closer Economic Ties Between Nigeria, UK

Sponsored
Sponsored

L-R: HRM Oba Rilwan Akiolu, Oba of Lagos; Mr Paul Arkwright, British High Commisssioner in Nigeria; Prince Adedapo Adelegan, President and Chairman of Council, Nigeria British Chamber of Commerce (NBCC) and Chief Emeka Anyaoku, Chairman of the occasion during the NBCC 40th Anniversary lecture with the theme ‘Nigeria-British Relations -The Next 100 years’ held in Lagos recently

The Nigerian-British Chamber of Commerce (NBCC) has pledged to remain a key driver of initiatives aimed at fostering and increasing bilateral trade and investment between Nigeria and the United Kingdom.

President and Chairman of Council, Prince Dapo Adelegan, gave the assurance in Lagos last Friday while delivering a welcome address at the special lecture to mark the 40th anniversary of the Chamber.

He said as Nigeria continues on the journey of a second centenary of economic relations with the United Kingdom, NBCC has an abiding focus on optimizing bilateral relations between the two countries with a view to achieving the set target of doubling inter-country trade and investment volumes soon.

To this end, Adelegan revealed that the Chamber would focus on a number of initiatives such as actively re-engineering and strengthening its partnerships; attracting top range economic players as premium members and pulling in new members in other categories.

While lauding the support of Lagos State for the Chamber over the past 40 years, the NBCC President said a special day themed “Lagos Day” would be designated for discussing the economic milestones and business development opportunities in Lagos State during the forthcoming NBCC 40th Anniversary Trade Mission to London between May 22nd and 26th this year.

Delivering the lecture titled ‘Nigeria – British Relations: The Next 100 Years’, the British High Commissioner to Nigeria, Paul Arkwright,  said he was confident that even with the UK exiting the European Union, her economic ties with Nigeria would remain strong.

“The ties that bind the UK and Nigeria, that are cultural, linguistic, historical and business will grow stronger and the UK looks forward to becoming the top non-oil trading partner with Nigeria very soon.

Today, the UK’s bilateral trade relationship with Nigeria is worth 3.8 billion pounds per annum and there are several British companies who are interested in various other sectors, apart from oil and gas, in Nigeria such as power (including solar), infrastructure, agriculture, education, the digital economy and financial technology. We will remain steadfast in our resolve to partner with Nigeria to support social and economic development of both countries,” Arkwright disclosed.

Sponsored
Funsho Arogundade

Recent Posts

ONC Calls On Stakeholders For Unity & Sustained Security During Summit

The Orashi National Congress (ONC) has called on residents of Orashi Nation, including youths, traditional…

40 minutes ago

Ojodu LCDA Participates In October Lagos Monthly Environmental Sanitation Exercise

 Ojodu LCDA under the leadership of Hon. Segun Odunmbaku, actively participated in the October edition…

1 hour ago

Old And New Douye Diri: Why The Political Career Of Senator Douye Diri Ended On 16th November, 2019

WISDOM ONIEKPAR IKULI  Douye Diri came to the limelight after his election as the pioneer…

1 hour ago

Lagos Head Of Service, Perm. Secs Join Comrade Dauda For October Environmental Sanitation Monitoring Exercise

ADEOLA OGUNLADE  It was an impressive display of collaboration and commitment to environmental cleanliness in…

4 hours ago

Lagos Health Insurance Deadline: Sanwo-Olu Gives Dec 31 Deadline – Where To Enrol In Alimosho, Idimu, Ejigbo

CYRIACUS IZUEKWE The Lagos State Government has given all residents, employers and workers in Lagos…

4 hours ago

U.S Court Denies Discovery Request Against President Tinubu, DCI Group In FOIA Litigation

The United States District Court for the District of Columbia has denied a motion by…

7 hours ago
Sponsored