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NG_Gov
@NG_Gov
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Highlights of Day 1 UK Visit: Nigeria and the United Kingdom have a longstanding economic and diplomatic relationship, with trade between both nations valued at £7.5 billion in 2024. As part of efforts to deepen this partnership, I engaged in high-level discussions in London, starting with a bilateral meeting with UK Foreign Secretary,
@DavidLammy
at
@WiltonPark
. Our discussions focused on building partnerships for a more secure future for West Africa and the Sahel. Beyond diplomacy, today was also an opportunity to amplify Nigeria’s economic potential and global positioning. At
@BBCAfrica
’s Focus on Africa with
@WaihigaMwaura
, and
@bbchausa
with
@ibrahimmijinyaw
, I spoke about Nigeria’s foreign policy approach, economic diversification efforts, and our drive for a more investment-friendly environment. Later, in an interview with
@schipperlena
of
@TheEconomist
, I outlined the strategic role Nigeria plays in regional and global affairs, emphasising why businesses should see Nigeria not just as a market but as a hub for innovation and long-term growth. The final session of the day brought together key UK and Nigerian stakeholders for a Roundtable on Technology and Investment, hosted by Hon.
@FloEshalomi
MP, UK Trade Envoy to Nigeria. Discussions centered on attracting venture capital and private equity for Nigerian startups, government-led strategies to de-risk investments, and the potential for collaboration on AI research and emerging tech adoption. Nigeria is home to Africa’s largest tech ecosystem, attracting over $1.2 billion in startup funding in 2023. Expanding these opportunities through strategic Nigeria-UK Partnerships will create jobs, drive innovation, and accelerate digital transformation. As engagements continue, the focus remains on translating these conversations into tangible outcomes; enhanced security cooperation, deeper trade relations, and sustainable investments that benefit both nations.
#NigeriaMeansBusiness
#TuggarInUK2025
2856
4 March,2025
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