UK investment delegation in Nigeria to promote trade in agriculture
UK Trade and Investment (UKTI), the lead organisation that supports companies in the UK trading internationally, is currently in Nigeria with an agri-business delegation to partner the Nigerian-British Chamber of Commerce (NBCC) to boost trade in the sector that employs about 70 percent of the nation’s population.
The UKTI delegation also assists willing overseas companies to bring their high-quality investments to the UK, and its visiting delegation will be in Nigeria till November 27, according to a statement from the UK High Commission in Abuja.
The business delegation will include representatives from a range of UK companies comprising UK investors, agriculture specialists, education and training institutions, and infrastructure development companies.
The mission objective is to promote understanding and available business opportunities in the two nations’ agricultural value chain and how to take advantage of them.
Both UKTI and NBCC say they are looking forward to promoting bilateral trade between UK and Nigeria, and especially contributing to the growth of the Nigerian agricultural sector.
The NBCC is the foremost bilateral chamber in Nigeria and has been in the vanguard of promoting Anglo-Nigeria trade relations for decades.
“Agri-business is a significant sector in the UK economy. We are keen to share that expertise and knowledge with Nigeria, and are confident that this mission will help us to build strong relationships with the Nigerian agricultural sector, thereby leading to mutually beneficial trade collaborations,” said UKTI deputy director, Beverley Okoye.
The highpoint of this five-day visit will culminate into a UK Pavilion at the Agra Innovate Nigeria event, an agriculture exhibition and conference at the Landmark Centre, Victoria Island, Lagos.