Invest In South-East Nigeria – British Deputy High Commissioner To UK Firms

British Deputy High Commissioner in Lagos, Jonny Baxter, has called on companies in the United Kingdom to invest in southeastern Nigeria.

 “The UK wants to encourage UK companies to invest into the region,” Baxter said while delivering the opening remarks at the inaugural edition of Enugu State’s Diaspora and Investment Roundtable on Friday.

“Building a stronger and more conducive business environments is crucial to this, and we look forward to working with the Enugu state government to do so.”

The British envoy highlighted the UK’s new Developing Countries Trading Scheme, which he said harnesses the power of trade to help Nigeria, including Enugu State, achieve its private sector-led economic transformation agenda.

 “The UK is keen to maximise uptake of the DCTS. Crops such as cashew and plantain predominantly farmed in Enugu and other southeastern states, could be among the products exported to the UK based on market demand in both Nigeria and the UK,” he said.

According to Baxter, the stakeholder roundtable is an opportunity for high-level discussions on how to advance viable investment, boost trade and create more economic opportunities in Enugu State.

Reiterates UK’s commitment to boost economic growth, job creation, and build stronger trade and investment links.

British Deputy High Commissioner in Lagos,  Jonny Baxter, was in Enugu State yesterday to attend the inaugural edition of the state’s Diaspora and Investment Roundtable, hosted by the Governor, His Excellency Peter Mbah.

The stakeholder roundtable was an opportunity for high-level discussions on how to advance viable investment, boost trade and create more economic opportunities in Enugu State.

Delivering the opening remarks and highlighting the UK’s new trade scheme, the British Deputy High Commissioner, Baxter said:

“My thanks to the Enugu State Government for putting together this timely gathering, which I hope will deepen investment and trade in the state. The UK wants to encourage UK companies to invest in the region. Building a stronger and more conducive business environment is crucial to this, and we look forward to working with the Enugu state government to do so.

“The UK’s new Developing Countries Trading Scheme harnesses the power of trade to help Nigeria, including Enugu State achieve its private sector-led economic transformation agenda. The UK is keen to maximise uptake of the DCTS. Crops such as cashew and plantain predominantly farmed in Enugu and other south eastern states, could be among the products exported to the UK based on market demand in both Nigeria and the UK.”

The Enugu State Investment Roundtable was attended by development partners, senior-level executives from public and private sector, and other domestic financial institutions.


Discover more from LN247

Subscribe to get the latest posts sent to your email.

Advertisement

Most Popular This Week

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

More from Author

Advertisement

Read Now

FG Defends Invalidation Of Over 22,700 Certificates From Togo, Benin

The Federal Government says it stands with its decision to void over 22,700 degree certificates obtained by Nigerians in some “fake” universities in neighbouring Togo and Benin Republic. Speaking on Television, the Minister for Education Tahir Mamman, said Nigerians who obtained degree certificates from such “illegal” tertiary institutions...

WTO Chief Okonjo-Iweala Advocates Policy Consistency

The Director General of the World Trade Organisation (WTO), Ngozi Okonjo-Iweala, has advocated policy consistency in Nigeria regardless of change from one administration to another. Okonjo-Iweala was delivering a keynote address titled, ‘A Social Contract for Nigeria’s Future’ at the opening ceremony of the 2024 Annual General Conference...

Breaking: US Secret Service Director Kimberly Cheatle Resigns

U.S. Secret Service Director Kimberly Cheatle has resigned amid outrage over her agency's failure to prevent the attempted assassination of former President Donald Trump at a campaign rally. Cheatle's resignation comes a day after a House committee hearing grilled her for the Secret Service's actions leading up to...

Discover more from LN247

Subscribe now to keep reading and get access to the full archive.

Continue reading