Vice
President Namadi Sambo arrived in London on Wednesday ahead of the
13th meeting of the Honorary International Investors Council.
The meeting which takes place from Nov. 29th
to 30th, would feature presentations on investment opportunities in
Nigeria to be delivered by the Ministers of Trade and Investment,
Agriculture, Finance and Petroleum among others.
The News Agency of Nigeria (NAN) reports that the Council
coordinated by Britain’s Baroness Lynda Chalker, is an organisation of
prominent investors, drawn from various countries around the world who
advise governments on economic development issues.
Aside from cooperating with Nigeria to attract foreign direct
investments and promoting a private sector driven economy, the council
is working in partnership with Nigeria in the fight against corruption
in business transactions.
In an interview with the Western Europe Correspondent of the News
Agency of Nigeria (NAN), Dr Dalhatu Tafida, the nation’s High
Commissioner to the UK, said the council’s aims included assisting
countries in Africa to develop their economy.
Tafida said the council also monitors progress achieved by individual countries through a feedback mechanism.
“what they do is to advise these countries on how to do things
properly to attract more investment, and if you are an investor, they
also advise you on where to invest and maximise returns from your
investment”.
The 12th meeting of the Council was held in Abuja in July this year. (NAN)
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