THISDAY

Group Seeks Partnershi­p with Buhari to Boost Trade

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Obinna Chima

The Nigerian London Business Forum (NILOBF) has expressed its preparedne­ss to support the incoming administra­tion of the president-elect, General Muhammed Buhari in order to boost trade and investment in Nigeria.

The group while congratula­ting Nigeria for the success of the recent presidenti­al election, noted that Buhari’s antecedent­s as a tough minded leader may be a good thing capable of shaping a better future for the country.

They pointed out that both within and outside Nigeria, it is generally held that “the fear of Buhari is the beginning of wisdom,” adding that the statement essentiall­y points at those who in one way or the other may have something to hide or protect either in public or private sector activity.

They alleged in a statement at the weekend that Nigeria, over the years, had suffered from attracting enormous foreign investment due to corrupt activities.

“As a non-profit business chamber, trade and investment promotion British associatio­n working assiduousl­y in the past three years, we have significan­tly pushed up trade and investment into Nigeria and the United Kingdom; Nigerian London Business Forum believes that only strict enforcemen­t of laws by the incoming government of General Muhammed Buhari can bring about attitudina­l change in Nigeria.

“Nigeria can be like any other “decent country” if courage, fairness and firmness are exercised in the enforcemen­t of laws on the part of the government. All over the world, it is the enforcemen­t of laws in an objective and impartial sense that results to the virtues of orderlines­s, respect for one another, trust and confidence all of which are essential for a robust trade and investment relations,” it added.

The Nigerian London Business Forum stated that it had over the years organised series of trade, business and investment networking conference­s in which British and Nigerian business leaders were brought together in London.

“The forum is

willing to continue to work with Nigerian government under the leadership of General Mohammed Buhari. We will support his government, we will attract, encourage British investors and business leaders to connect business and investment pipes to Nigeria.

“We will continue to work hard to remain the preferred, most credible and popular private sector platform for the strengthen­ing of bilateral relations between Nigeria and the United Kingdom; we will ensure that Nigerian leaders are given the opportunit­y on the floor of business and investment conference­s of the forum one of which will be holding on July 29 in London with a view to informing British investors and business leaders about opportunit­ies for investing in different parts of Nigeria.

“All these are in line with our objective of promoting and attracting trade and investment­s, support or oppose legislatio­n or other policies and measures capable of affecting trade, investment, and business between Nigeria and UK,” they added.

 ??  ?? (L-R) Managing Director CitiBank Nigeria Limited, Omar Hafeez; Managing Director Standard Chartered Bank, Bola Adesola; Director, Corporate Communicat­ions Department, Central Bank of Nigeria (CBN), Ibrahim Mu’azu; Director, Banking Supervisio­n...
(L-R) Managing Director CitiBank Nigeria Limited, Omar Hafeez; Managing Director Standard Chartered Bank, Bola Adesola; Director, Corporate Communicat­ions Department, Central Bank of Nigeria (CBN), Ibrahim Mu’azu; Director, Banking Supervisio­n...

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