Buhari Jets Off To The UK For An Investment Summit

David Ugbabe

The Presidency has announced that President Muhammadu Buhari, will embark on a six-day trip to London on Friday, to participate in the inaugural UK-Africa Investment Summit.

Buhari’s Special Adviser on Media and Publicity, Mr Femi Adesina, in a statement explained that the British Prime Minister, Boris Johnson, would play host to the summit.

The summit is expected to commence on Monday, January 20th. However, Buhari, who will be leaving on Friday, is expected back in Nigeria on Thursday, January 23rd.

Mr Adesina noted that summit is an established platform for African leaders, business owners and heads of international organisations to engage in discussions “to create new partnerships that will deliver more investments and jobs.”

He explained that the London investment summit will provide Nigeria with the opportunity to project itself as a leading investment destination for new industries.

Adeshina explained that “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.”

Also reiterating the importance of the summit, the Special Adviser said, “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."

“The Nigerian delegation to the investment meeting will further showcase what the Federal Government has done through policies and legislation to improve the investment and business climate in the country,” he added.

Also, in addition, President Buhari will also be engaged with other activities which includes holding meetings “with the Head of the Commonwealth, Prince Charles in Glasgow, Scotland”

Part of the President's entourage includes Governors Yahaya Bello, Muhammad Inuwa, and Okezie Ikpeazu of Kogi, Gombe and Abia States.

Others include Minister of Foreign Affairs, Geoffrey Onyeama; Minister of Industry, Trade and Investment, Otunba Niyi Adebayo; the Minister of Finance, Budget and National Planning, Zainab Ahmed; the National Security Adviser, Major General Babagana Monguno (retd); and the Director-General, National Intelligence Agency, Ambassador Ahmed Rufai Abubakar.

Happenings Media