Nigeria Boosts Trade, Investment Ties with UK @ Commonwealth Trade, Investment Summit

Nigeria’s Minister of Industry, Trade, and Investment, Dr. Jumoke Oduwole, success- fully concluded a series of high-level engagements in London, reinforcing Nigeria’s commitment to fostering trade and investment partnerships with the UK.

The visit, anchored around the Commonwealth Trade and Investment Summit held on 7-8 April, provided a vital platform to showcase Nigeria’s strategic economic priorities and at tract investment into key sectors.

During her visit, Dr. Oduwole participated in two exclusive events hosted by Invest Africa, engaging with top-tier stakeholders, business leaders, and investors.

These engagements underscored Nigeria’s dedication to economic diversification, investment mobilisation, and strengthening the London-Lagos investment corridor.

On 8 April, the Minister delivered a keynote address at an Invest Africa-hosted roundtable, where she outlined Nigeria’s investment potential and strategic trade policies. The discussion focused on boosting non-oil sectors, promoting ease of doing business, and enhancing UK-Nigeria commercial ties.

Senior executives from the UK business and investor community engaged directly with the Minister, fostering dialogue on new investment opportunities and partnerships that will contribute to Nigeria’s long-term development goals.

Dr. Jumoke Oduwole, Minister of Industry, Trade, and Investment, stated: “Nigeria is open for business, and we are committed to creating an environment that fosters investment, innovation, and economic growth. Our engagements in London demonstrate our dedication to strengthening trade ties, supporting local and foreign investors, and ensuring that Nigeria remains a prime investment destination.

The opportunities in Nigeria, particularly in non-oil sectors, are immense, and we invite investors to be part of this journey towards sustainable development.”

Additionally, the Minister participated in an exclusive event co-hosted by Invest Africa in partnership with Lagos Free Zone (LFZ). This strategic engagement positioned LFZ as a premier investment hub within Nigeria’s manufacturing sector, showcasing its potential to attract global investors and support the country’s industrialisation agenda.