CWEIC seeks closer trade, investment alliance with FG, states
Chief Executive Officer of Commonwealth Enterprise and Investment Council (CWEIC), Mrs Rosie Glazebrook, has solicited deeper collaboration with the Federal and state governments to strengthen trade and investment opportunities between Nigeria and other member countries of the Commonwealth. According to her, it will enhance economic growth.
She stated this when she led a delegation of CWEIC strategic partners during her separate meetings with Vice President Kashim Shettima in Abuja and the Governor of Lagos State, Mr Babajide Sanwo-Olu, in Lagos.
Glazerbrook pledged CWEIC’s support to the Nigerian government and highlighted some of the council’s forthcoming events in Nigeria and outside, including the Commonwealth Trade and Investment Summit in London in 2025, and the proposed Trade and Investment Summit to be held in Nigeria in the second half of 2025.
She disclosed that the council would boost trade and investment in Nigeria and equally support Nigerian businesses looking out to develop plans for more interactions with foreign partners.
She said: “We would really like to look up ways where we can encourage the Nigerian government and the business community to take advantage of the Commonwealth market across the 56 countries and other partners in the Middle-East and North Africa.”
Responding to the CWEIC’s delegation, Vice President Shettima said Nigeria would become a major economic force in the world under President Bola Ahmed Tinubu.
He said: “Nigeria is where the attraction should be for investors all over the world as Nigeria will become a major global economic force under President Bola Ahmed Tinubu.”
While in Abuja, Glazebrook attended a reception for the CWEIC’s strategic partners and delegates, who were hosted by the British High Commissioner, Mr Richard Montgomery, at his Abuja British Residence with the British Deputy High Commissioner, Mr Jonny Baxter.
She stated that CWEIC, in conjunction with the Nigeria Investment Promotion Commission, hosted the Commonwealth Businesses and Nigeria Trade and Investment Roundtable in Abuja at Shehu Musa Yar’ Adua Centre with top Nigerian businesses and Commonwealth delegates in attendance.
During her visit to Lagos State Governor, Babajide Sanwo-Olu, the governor highlighted huge potential the state would offer to investors and the key priority areas of his administration.
Sanwo-Olu, thereafter, directed the Commissioner for Commerce, Cooperatives, Trade and Investment, Mrs Folashade Ambrose-Medebem, to explore the possibility of a strategic partnership with the CWEIC.
Glazebrook said: “We had a long history of collaboration with Nigeria. There were a number of collaborations done several years ago with Lagos State as a strategic partner. We are looking to building those links, and really restart again.”
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