Nigeria-British Chamber Promises More Investments in Nigeria.

President of NBCC, Adeyemi Adefulu

The Nigerian-British Chamber of Commerce (NBCC) and UK Trade and Investment (UKTI) have promised to work together to attract more investments into Nigeria. This was made known during a send-off luncheon organised by NBCC in honour of the outgoing Director of UK Trade and Investment  (UKTI), Mr. Mike Purves in Lagos recently.

President of NBCC, Adeyemi Adefulu said the relationship between NBCC and UKTl had evolved, adding that the two bodies were committed to attracting more British companies into Nigeria.

He described the outgoing director of UKTI as a man of impeccable character who has made lots of contributions to the advancement of trade relations between Nigeria and Britain through advocacy in Nigeria and UK.

Adefulu noted that Nigeria has image problem and that Purves, through UKTI, had worked with the chamber in promoting  business opportunities in Nigeria by encouraging UK companies to look beyond the challenges in the country.

While welcoming the new Director of UKTI, Mr. Chris Maskell, to Nigeria, Adefulu expressed optimism that the two bodies would do more this year and beyond to attract UK companies to Nigeria.

In his remarks, Purves described Nigeria as one the best destinations for business with its position as the biggest economy in Africa. He said Nigeria major resources are not oil and gas but its human resource and diversity.

He said NBCC and UKTI have succeeded in almost all bilateral trade in the past four years and that UKTI was looking at the next stage of  partnership with the Chamber.

The new UKTI director, said one of his major plans would be  to work closely with the Chamber to increase the number of UK companies in Nigeria.

Maskell has been Interim Head of UK Trade & Investment in Mexico since August 2014. Prior to this he was Head of UKTI in Iraq  based at the British Embassy in Baghdad, and has previously worked on the UKTI Middle East desk in London.

THISDAY