Foremost
chamber of commerce in Nigeria, Nigerian-British Chamber of Commerce in
partnership with UK Trade Investment has announced plan to celebrate the
centenary of Anglo-Nigerian trade
relations slated for November, 2014. The celebration is expected to further
reawaken and strengthen trade relations between Nigeria and Britain.
Speaking with journalists at a press conference
in Lagos, the President NBCC, Prince Adeyemi Adefulu described the relationship
between Nigeria and Britain over the years as multi faceted which necessitated
the celebration. "The trading relationship which evolved over the years
between the two countries has been extensive and far reaching".
According to him, the ceremony which is to be a
three-event affair will begin with a Centenary Lecture at Muson
Center Lagos on November 11, followed by the Chamber's day celebration on
November 12 at Lagos International Trade Fair expected to be on at that time.
The event will continue with Presidential Dinner /Award on November 21 at Civic
Centre; the Award will be in 12 categories. The event is expected to be chaired
by a past Head of State with other stakeholders in attendance
He said though there might be up and down in the
relationship between the two countries but that Britain has remained one of the biggest foreign investors
in the Nigerian economy adding that "the trade relations between
Nigeria and British which grew to £8 billion from £4 billion in a mere four years has merely
scratched the surface ". He is optimistic that it might hit £20 billion
within the next six years if the governments in the two countries remain
pro-active, with the right policies in place.
Adefulu described Nigeria as a land of immense
opportunities which is yet to be explored. He however called on the government to provide
enabling environment that will be inviting to foreign investment and encourage
export of Nigerian goods adding the Chamber will continue to stand as
facilitator of trade between the two countries for mutual benefit.
“For Nigeria, the key to winning is the right
policies encouraging export of processes non-oil products. It must also accord
priority attention to the provision of critical infrastructure that will enable
business to grow and remove undue costs,” he said.
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