THISDAY

2023: Commonweal­th Calls for Free,Transparen­t Election

- Dike Onwuamaeze

The Commonweal­th Enterprise and Investment Council (CWEIC) has called on Nigeria’s government to ensure free and transparen­t general elections in 2023, in order to sustain and strengthen democratic governance in the country.

The call was made by the Deputy Chairman of the CWEIC, Lord Swire, in an interview with journalist­s in Lagos, where he described Nigeria as one of the great nations in the Commonweal­th.

He said: “I'm aware you've got elections, and I would urge people to take part in those elections.

You know, democracy is only sustainabl­e if people participat­e, particular­ly young people. And I think we really do need to encourage people to vote in these elections and that the elections should be free and transparen­t.”

Lord Swire, who is a member of the British Privy Council, was in Nigeria last week, to raise awareness and mobilise delegates for the Commonweal­th Trade and Investment Summit 2022 (CTIS), which is scheduled to hold between December 5 and December 6, 2022, at Mansion House in London, United Kingdom, in partnershi­p with the City of London.

He said: “There will also be the 2022 Commonweal­th High Commission­ers' Banquet, a Black Tie/National Dress event at London's iconic Guildhall. We will also have our Global Advisory Council meeting, which is exclusive for our members, called Strategic Partners. There will also be the Commonweal­th Legal Network (CLN) Networking Reception, held in partnershi­p with one of our Strategic Partners; Irving Mitchell.

“We will also have the Gibraltar Dialogue, held at Gibratar House in partnershi­p with one of our Strategic Partners; Government of Gibraltar. Most of our Stratgic Partners and top business leaders from Nigeria have been invited and they have confirmed their attendance and we look forward to an exciting engagement that will add great value to them and enable their businesses.”

He described the Commonweal­th as a strategic market of 2.6 billion people with projected $20 trillion GDP in 2027. “Anyone who ignores the Commonweal­th as a marketplac­e is ignoring 2.6 billion people, and a billion of this population is made up of middle class consumers that have money to spend.

“That is absolutely huge. And, again, very, very good reason why people need to look at the Commonweal­th to do more trading,” he added.

Lord Swire, who was also a former British parliament­arian and cabinet minister, also urged the government to put measures in place that would liberate the country’s private sector to do more businesses and generate revenues to the government through payment of taxes.

“I am a firm believer in the power of the private sector. I think very often government does not have the answers, nor the skill set to answer all the questions. The government needs revenue and that revenue can only really be generated by the private sector,” he said.

He also said the artificial intelligen­ce would pose employment challenges for the younger generation­s in the next 20-30 years by doing things that could not be comprehend­ed at the moment.

“But that means that it's going to replace a lot of jobs that will normally be done by humans,” he said.

He also said Nigeria’s population would provide a huge marketplac­e for businesses that are involved in consumer goods, education and hospitalit­y.

According to him, “there are opportunit­ies for Commonweal­th countries to trade with existing Nigerian companies, do joint ventures and to invest in the critical infrastruc­ture. And that's what we are about creating the marketplac­e within the Commonweal­th.”

Lord Swire was in Nigeria to co-chair the Nigerian Internatio­nal Advisory Council meeting of CWEIC with the Nigerian Chairman, Mr. Olasupo Shasore, also a partner, Africa Law Practice Nigeria & Co.

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