Britain optimistic about Nigeria economic recovery

Elizabeth Christopher, Abuja

Despite Nigeria’s current economic challenges, the country has sufficient energy and resilience to recover.

The Deputy British High Commissioner to Nigeria, Ahmed Bashir made this submission while receiving the Group Managing Director of TL First Group, Dr. Olu Olasode.

He says although, it is a difficult time for Nigeria but the country has remarkable opportunities for investment and growth.

Dr. Olasode, while recognising the Mission’s work on international collaboration, trade and investment, proposed partnering with the British High Commission.

The partnership will focus on designing and implementing strategic programmes that will promote economic relations and strengthen bilateral associations between the UK and Nigerian governments.

According to Dr. Olasode, institutional readiness and participatory governance is key to improving the ease of doing business in Nigeria.

He advocated for a platform for interaction, idea exchange, networking and partnerships between investors, economic and industrial leaders in the UK and Nigeria.

He stated that this would boost economic relationship between both countries and facilitate business alliances.

“The proposed partnership would guarantee the promotion of leadership learning, capacity development and peer review across various economic leadership levels across businesses, governments and community groups,” he said.

This collaboration will also empower small and medium enterprises and promote modern knowledge exchange, research and learning development.