United Kingdom investors have signed commercial deals worth £324m (over N153.4bn) with Nigerian investors.
The deals were sealed during the inaugural UK-Africa Investment summit which was attended by 21 African countries, African leaders, UK and African businesses, international institutions and young entrepreneurs in London.
At the summit, the British Prime Minister, Boris Johnson, expressed commitment to building long-term, sustainable relationships in Africa underpinned by the UK’s values and high standards.
A statement on Tuesday from the Press & Public Affairs Officer, British Deputy High Commission, Lagos, Ndidiamaka Eze, said the summit was designed to create lasting new partnerships that would deliver more investment, jobs and growth, benefitting people and businesses across Nigeria and the UK.
It stated that the summit had a strong focus on sustainable energy and on female participation in the economy.
Nigeria and the UK would be partners in a range of initiatives announced during the summit, it added.
The statement said these included, “Commercial deals worth £324m (over N153.4bn) and new UK government assistance to grow the UK-Nigeria trade and investment partnership.
Source: Punch Newspaper
