Following CWEIC’s ‘Connecting the Commonwealth’ roundtable event, which saw participation from the Lord Mayor of London, Hon Dr Okechukwu Enelamah Minister of Industry, Trade and Investment and Alhaji Aliko Dangote GCON amongst others, guests were invited to join the Lord Mayor’s keynote speech on ‘The City’s Offer to Nigeria’.
The Lord Mayor’s keynote speech reinforced the five objectives of his trip to Nigeria. These included providing assurance that the City of London will remain the pre-eminent global financial centre, to advancing the strong ties that exist between the UK and Nigeria, and harnessing that bilateral relationship to improve trade and investment. The Lord Mayor also spoke on promoting innovation in financial services, and engaging with the Mayoral programme; ‘The Business of Trust’, which aims to create a lasting legacy of better business, trusted by society.
The Lord Mayor remarked on the strong UK-Nigeria relationship, and how by further understanding the opportunities and challenges Nigeria faces throughout his trip to Abuja and Lagos, the City of London is well positioned to partner with the country, highlighting key areas Nigeria is focusing on in which the City can be the ‘partner of choice’. These included creating investable infrastructure assets, improving access to capital, promoting financial inclusion and developing an enabling and compliance-based environment for business.
Following the Lord Mayor’s speech, Hon Dr Okechukwu Enelamah Minister of Industry, Trade and Investment gave remarks on the Nigerian Government’s role in in enhancing the country’s attractiveness to Commonwealth investors. Dr Enelamah also commented on the Lord Mayor’s ‘Business of Trust’ programme, calling for more collaborative efforts between both the UK and Nigeria in order to create an environment for businesses to thrive. In his concluding remarks, Dr Enelamah touched on both the challenges and opportunities of creating jobs for the growing youth population of the country.
A panel discussion followed with the High Commissioner and Deputy High Commissioner to the UK, Ibukun Adebayo, Head of Emerging Market Strategies at the London Stock Exchange, and Steve Gray, UK Export Finance’s West Africa representative. Following an open question session with the audience, guests were invited to an evening reception at the British Residence in Lagos.
CWEIC would like to sincerely thank the Lord Mayor and his team, the British High Commission and Deputy High Commission, our Strategic Partners and all our guests for their continued support. CWEIC looks forward to replicating our recent success in Nigeria across the Commonwealth.