ADVERTISEMENT
  • The Membership Club
  • PT Hausa
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
Saturday, March 6, 2021
Premium Times Nigeria
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
Premium Times Nigeria
BUA Group Ad BUA Group Ad BUA Group Ad
ADVERTISEMENT
Helen Grant [PHOTO CREDIT: @HelenGrantMP]

Helen Grant [PHOTO CREDIT: @HelenGrantMP]

Despite recession, Nigeria fastest growing economy in Africa – UK Envoy

The UK official appeared optimistic of Nigeria's economic prospects.

byAgency Report
November 21, 2020
2 min read

The United Kingdom Trade Envoy to Nigeria, Helen Grant, on Saturday said that Nigeria was the fastest growing economy in Africa.

Ms Grant said this at the two-day Nigerian Diaspora Investment Summit (NDIS) organised by Nigerian in Diaspora Commission (NiDCOM), in collaboration with Nigeria Diaspora Summit Initiative (NDSI).

The activity, which is the third edition, began on November 20 and will end on Saturday.

It has the theme: “Post-COVID-19 Economic Resurgence: Targeting Diaspora Investment”.

A News Agency of Nigeria (NAN) correspondent covering the activity quotes Ms Grant as saying that it will strengthen UK, Nigeria relations.

PREMIUM TIMES on Saturday reported how Nigeria entered its second economic recession in five years, also its worst economic decline in four decades.

But the UK official appeared optimistic of the nation’s prospects.

She said that her government was ready to educate, and also learn from, Nigeria by enhancing the bilateral trade between both countries.

She added that UK and Nigeria had so much that unite them, especially in the areas of culture and language, and stressed the need to build on such existing relations to bring about economic growth.

RelatedNews

Borno governor appoints Kwara-born retired general as security adviser

PDP celebrates Obasanjo at 84

Nigerian equities extend slide on profit-taking in leading stocks

Naira falls on I&E window

She said that Nigeria was full of investment opportunities and potentials.

“We look forward to coming to Nigeria to identify with viable businesses that the UK government could partner with in generating real and long term benefits for both countries,” she said.

Also speaking, Zubairu Dada, Minister of State, Foreign Affairs, appluaded NiDCOM, NDSI and other collaborators for organising the activity targeted at bringing about constructive interface between Diaspora investors and business owners in the country.

Dangote adbanner 728x90_2 (1)

He emphasised that Nigerians in the Diaspora were potential resources in the areas of skills, experiences and resources which could be tapped into, in bringing about national development.

He added that the Ministry of Foreign Affairs would continue to stress the importance of engaging with the Nigerians in Diaspora in bringing about economic resurgence and national development in the post-COVID-19 era.

Meanwhile, Adeniyi Adebayo, the Minister of Industry, Trade and Investment, who also spoke at the event, said that the Federal Government, through the Economic Sustainability Committee (ESC), had launched the Economic Sustainability Plan (ESP).

He said that the efforts were targeted toward actualising the recovery of the economy from the effect of the COVID-19 pandemic, adding that Nigerians in the Diaspora were key drivers of achieving the recovery growth plan.

He reiterated that the NDIS was an avenue of actualising the Economic Recovery Growth Plan through leveraging on the Diaspora resources.

He listed some of the achievements of the Federal Government in cushioning the effect of the pandemic on the citizens to include the release of 200 billion naira loans for micro small and medium enterprises in Nigeria.

ADVERTISEMENT

He listed some of the investment opportunities in some parts of the country and told the meeting that the Federal Ministry of Industry, Trade and Investment had been organising programmes and policies to attract investment to Nigeria. (NAN)

  • WhatsApp
  • Tweet
  • Email
  • Print
  • Telegram
  • More
  • Share on Tumblr
  • Pocket

Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate


TEXT AD: To advertise here . Call Willie +2347088095401...



JOIN THE CONVERSATION

  • Disqus (9)
premiumtimes



PT Mag Campaign AD

Previous Post

Four die in Ogun truck accident

Next Post

States should manage ecological funds not Abuja – Nigerian Governor

Agency Report

Agency Report

More News

Femi Falana

Again, Falana denies buying property from EFCC

March 6, 2021
Governor of Borno State, Babagana Zulum

Borno governor appoints Kwara-born retired general as security adviser

March 6, 2021
Olusegun Obasanjo

How I tested positive for COVID-19 – Obasanjo

March 5, 2021
Economic and Financial Crimes Commission (EFCC) boss, Abdulrasheed Bawa. [PHOTO CREDIT: Bashir Ahmad Twitter handle]

Fight against corruption will be intelligence-driven – Bawa

March 5, 2021
ECOWAS Court of Justice

Illegal Detention: ECOWAS Court orders Nigeria to pay German N63.6million, $10,000

March 5, 2021
Femi Gbajabiamila

Avoid playing politics with COVID-19 vaccines, Gbajabiamila warns

March 5, 2021
Next Post
Bayelsa State Governor, Duoye Diri

States should manage ecological funds not Abuja – Nigerian Governor

Nigeria Market street [PHOTO CREDIT: Council on Foreign Relations]

EXPLAINER: What to know about Nigeria’s recession and how it affects you

Discussion about this post

Search

#EndSARS: Latest Updates




Polaris Bank


JAIZ Ad


Access Bank Ad


NITDA Ad





Glo Ad

Subscribe to News via Email

Enter your email address and receive notifications of news by email.

Join 1,629,456 other subscribers.

Advertisement






netherland biz school Advert



Zenith Advert

ADVERTISEMENT

Our Digital Network

  • PT Hausa
  • Election Centre
  • Human Trafficking Investigation
  • Centre for Investigative Journalism
  • National Conference
  • Press Attack Tracker
  • PT Academy
  • Dubawa
  • LeaksNG
  • Campus Reporter

Resources

  • Oil & Gas Facts
  • List of Universities in Nigeria
  • LIST: Federal Unity Colleges in Nigeria
  • NYSC Orientation Camps in Nigeria
  • Nigeria’s Federal/States’ Budgets since 2005
  • Malabu Scandal Thread
  • World Cup 2018
  • Panama Papers Game
  • Our Digital Network
  • About Us
  • Resources
  • Projects
  • Data & Infographics
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

No Result
View All Result
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Panama Papers
    • Paradise Papers
    • Parliament Watch
    • AGAHRIN
  • Opinion
  • PT Hausa
  • The Membership Club
  • Dubawa
    • Dubawa NG
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
  • Digital Store
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

Our website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.