President Muhammadu Buhari Set To Attend UK-Africa Summit In London

Posted by: Folamidavid in News, Politics Jan 16, 2020

President Muhammadu Buhari is set to leave Abuja for London tomorrow to partake in the inaugural UK-Africa Investment Summit holding on Monday, January 20, 2020.

The summit, hosted by the British Prime Minister, Boris Johnson, will unite African leaders, international business chief executives, and heads of international organisations.

A recent statement by the Special Adviser to the President on Media and Publicity, Chief Femi Adesina disclosed that the event would “create new partnerships that will deliver more investments and jobs” to the benefit of people and businesses in African countries and the United Kingdom.”

The statement read, “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.

“With the expected take-off of the African Continental Free Trade Area (AfCFTA) in mid-2020, the London investment summit will provide Nigeria with the opportunity to project itself as a leading investment destination for new industries.

“In addition, 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.”

”The President and his delegation will also have bilateral meetings with Prime Minister Johnson as well as heads of multilateral organisations.”

President Buhari is expected back in Abuja next Thursday.