Nigeria President, Buhari Jets Out To London Again, To Attend Summit

Again, Nigeria President, Muhammadu Buhari has travelled to London to participate in the inaugural UK-Africa Investment Summit holding on January 20. According to reports made available to the media, Buhari earlier performed some official engagements and met with security chiefs, before leaving the presidential villa for the London trip.

Before his departure, he joined hundreds of Muslims faithful at the Aso Rock Mosque where he observed the 2 raka’at Juma’at prayers. An earlier statement by the President’s Special Adviser on Media and Publicity, on Thursday, Mr Femi Adesina, said the London Investment Summit would be hosted by the British Prime Minister, Boris Johnson.

The event according to reports is expected to bring together African leaders, international business chief executives and heads of international organisations to among other things, “create new partnerships that will deliver more investments and jobs” to the benefit of people and businesses in African countries and the United Kingdom. Apart from highlighting new perspectives on UK-Africa Partnership for Prosperity, issues of Sustainable Finance and Infrastructure; Trade and Investment; Future African Growth Sectors and Clean Energy and Climate, are expected to dominate presentations and discussions during the Summit.

“With the expected take-off of the African Continental Free Trade Area in mid-2020, the London investment summit will provide Nigeria with the opportunity to project itself as a leading investment destination for new industries. In addition, the summit will deepen Nigeria-United Kingdom investment ties post-Brexit given that Africa currently represents just two per cent of British trade activity, with Nigeria accounting for only 10 per cent of that total,” Adesina stated.

He further disclosed that the Nigerian delegation to the investment meeting will showcase what the Federal Government had done through policies and legislations to improve the investment and business climate in the country. He will be back on Thursday January 23.

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