Making Nigeria your Goal

UK Trade & Investment (UKTI) with the support of the Foreign and Commonwealth Office (FCO) at Emirate Stadium

Making Nigeria Your Goal’ event brought together key speakers from Nigeria and the UK. Those who attended include FCO Minister for Africa, Henry Bellingham, Director of UKTI Nigeria, Mr. Peter Stephenson and Mr Ben Akabueze, Commissioner for Economic Planning & Budget, Lagos State, Nigeria.

British firms keen to score business on African soil met at the Emirates Stadium on Tuesday 29 March to learn about the vast opportunities in Nigeria, the UK’s second largest export market in Africa.

Director of UKTI Nigeria Peter Stephenson said “Nigeria is one of Africa’s fastest growing economies and a place of real business potential and opportunity. In the last year alone, Britain exported almost £2.5 billion worth of goods and services to Nigeria – a figure we hope to see double in the next five years.

Aigboje Aig-Imoukhuede, CEO, Access Bank Plc said:
“Access Bank has a history of being noted for its role in economic diplomacy with respect to the Nigerian economy. The “Making Nigeria Your Goal” event hosted by UK Trade and Investment presents yet another opportunity to consolidate on the economic gains that have characterised trans-border economic relations between the UK and Nigeria.”

According to statistics rolled out by the Minister for Africa, Mr Bellingham MP, at the UK Trade & Investment conference, he said that Britain sold £2.3bn worth of goods and services to Nigeria in 2009 and there are ambitious plans

to double this under the Government’s “Growth and Prosperity” agenda in the next 5 years.

“Nigeria is the most populous country in Africa and the eighth most populous country in the world, Nigeria is the second largest export market in sub – Saharan Africa. In the next five years, under the Government’s Growth and Prosperity agenda, the UK hopes to double its trade with Nigeria. Nigeria vies with Angola to be the largest oil producer in Sub-Saharan Africa.”

Author: nmmin

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