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UK Minister to seek investment opportunities in Nigeria

by Blitz India Media
February 20, 2024
in USA
Nigeria

THE UK Minister for Business and Trade, Kemi Badenoch, accompanied by the Prime Minister’s Trade Envoy to Nigeria, Helen Grant, is poised to embark on discussions with British and Nigerian business leaders and investors, aiming to uncover potential investment opportunities within the country.

In a statement issued by Ndidiamaka Eze, senior Press and Public Affairs Officer/Comms Lead for Prosperity and Economic Development at the Foreign Commonwealth and Development Office/ British Deputy High Commission in Lagos, it was revealed that Badenoch’s forthcoming three-day visit to Nigeria, commencing on February 18, will involve meetings with officials from both the Federal Government and various state governors.

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The statement underscored the primary objective of these engagements, which is to delve into ongoing trade activities across various sectors, including education, infrastructure, and energy projects. These discussions hold the promise of generating substantial employment opportunities within Nigeria.

During her visit to Charterhouse School, which stands as the premier British independent school in West Africa, Badenoch conveyed her optimism regarding the institution’s capability to deliver world-class education. She lauded the commendable progress observed in the construction work at the Charterhouse site, while also extolling the esteemed reputation of the UK education system. Badenoch expressed her aspirations for the school to offer an unparalleled learning experience to students in Nigeria.

The primary objective of these engagements is to delve into ongoing trade activities across various sectors, including education, infrastructure, and energy projects

Echoing Badenoch’s sentiments, John Todd, the Head/Director of Education at Charterhouse School, conveyed his appreciation for the visit, further affirming the school’s unwavering commitment to providing top-tier education in Nigeria through its collaboration with Charterhouse UK.

The statement also shed light on the crucial role played by discussions between the UK and Nigeria in facilitating the removal of restrictions to Transnational Education investment within Nigeria, valued at approximately £50m. This pivotal development empowers UK Higher Education institutions to forge Transnational Education partnerships with Nigerian counterparts, thereby laying the groundwork for further investments within Nigeria’s education sector.

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