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Chamber restates commitment to strengthening of bilateral ties


President of the Nigerian-British Chamber of Commerce (NBCC), Prince Dapo Adelegan

The Nigerian- British Chamber of Commerce (NBCC) has pledged to remain a key driver of initiatives aimed at fostering and increasing bilateral trade and investment between Nigeria and the United Kingdom.

Besides, the chamber said that as the country continues the journey of a second centenary of economic relations with the United Kingdom, it has become necessary to focus on optimising the bilateral relations between the two countries.

The President and Chairman of Council, Prince Dapo Adelegan, who gave the assurance in Lagos, in his address at the special lecture to mark the 40th anniversary of the Chamber, said the move will help to achieve the set target of doubling inter-country trade and investments soon.


Adelegan revealed that the Chamber would focus on a number of initiatives such as actively re-engineering and strengthening its partnerships; attracting top range economic players as premium members and pulling in new members in other categories.

While lauding the support of Lagos State for the chamber over the past 40 years, he said a special day themed “Lagos Day” would be designated for discussing the economic milestones and business development opportunities in the state at its forthcoming anniversary and Trade Mission to London on May 22 and 26.

Delivering the lecture titled ‘Nigeria – British Relations: The Next 100 Years’, the British High Commissioner to Nigeria, Paul Arkwright, said he was confident that even with the UK exiting the European Union, her economic ties with Nigeria would remain strong.

“The ties that bind the UK and Nigeria, that are cultural, linguistic, historical and business will grow stronger and the UK looks forward to becoming the top non-oil trading partner with Nigeria very soon.

“Today, the UK’s bilateral trade relationship with Nigeria is worth 3.8 billion pounds per annum and there are several British companies who are interested in various other sectors, apart from oil and gas, in Nigeria such as power (including solar), infrastructure, agriculture, education, the digital economy and financial technology. We will remain steadfast in our resolve to partner with Nigeria to support social and economic development of both countries”, Arkwright disclosed.

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