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16th NBCC President, Kayode Falowo Pledges to Facilitate Robust UK-Nigeria Trade Relations

The 16th President of the Nigeria-British Chamber of Commerce (NBCC), Mr Kayode Falowo, has pledged to facilitate robust UK-Nigeria trade relations during his tenure.

Mr. Falowo gave this commitment at his formal inauguration dinner as the new President of the Chamber in Lagos.

Falowo informed members and guests that the NBCC had penned a 12-point agenda, which he intends to pursue vigorously.

He identified some of the key areas of focus for the chamber, to include;

  • The completion of the NBCC Plaza
  • A National Trade Centre in the UK that will serve as a one-stop hub for engaging potential British investors partnering with the Federal Ministry of Industries, Trade and Investments.
  • Drive the Bring Back British Business Campaign to attract more investments  from the UK
  • Establish the British Golf Club that will serve as a forum for interaction between the UK and Nigerian business people and leaders.

The British Deputy High Commissioner to Nigeria, Lagos Consulate, Ms. Harriet Thompson, congratulated Mr. Falowo on his emergence as the President of the NBCC.

She pledged that the UK would continue to support the development and transformation of the Nigerian economy through investments in education, health, creative industry and technology.

Thompson also announced the UK-Africa investment summit scheduled for January 2020 that will explore deepening trade and investments between United Kingdom and Africa.

The Minister of Industries, Trade and Investments Otunba Niyi Adebayo in his address, used the occasion to reassure British investors that Nigeria was open for business.

He restated the commitment of the Nigerian government to improving its trade relations with the United Kingdom.

The keynote speaker at the event and British billionaire Sir Martin Sorrel CEO S4Capital said there was a lot of optimism about Africa’s economic growth, which hinges on good infrastructure, human capital development, technology, strong institutions and enabling laws.

Sir Sorrel believed that with the right mix of policies, Nigeria could achieve stable and strong economic growth.