Mr. Akinwunmi Ambode Governor of Lagos state has been appointed as the Vice President of Commonwealth Enterprise and Investment Council (CWEIC), a body that aims to foster trade and investment by facilitating engagement between the Government and the private sector throughout the Commonwealth.
Governor Ambode would be in office alongside Rt. Hon Jeffrey Mountevans, the Lord Mayor of the City of London as co-Vice President of the Council for the next one year, subject to renewal for another year. This was disclosed by Oliver Everett Chief Executive Officer of CWEIC, in a meeting with Nigerian businessmen at the Lagos House in Alausa, Ikeja.
The appointment of Governor Ambode was a major pointer to the fact that Nigeria and indeed Lagos is open for real and serious investment, said Everett. The Office of the Special Adviser on Oversees Affairs and Investment, otherwise known as Lagos Global, organised a meeting with some business owner’s, a one stop shop was created by Governor Ambode’s led administration to facilitate investment and enhance the ease of doing business in the State.
Everett advised against the production of sugary drinks, because people across Europe avoid such due to it medical implications. He also said Nigerians are the fourth largest spenders in the United kingdom thus an available market is waiting for the Nigerian products. Everett also commended Buhari’s anti corruption effort and how it has improved the view of investors on the safety of there goods.
“In terms of investment, there is huge interest in Nigeria at the moment. I think it is well known that there are a number of challenges for investors over many years because of lack of confidence about where money invested in Nigeria may end up.
“That maybe true and it may not be true but we all know as business people that perception is sometimes a reality and with the perception that money would not necessarily end up where it ought to, many investors avoided Nigeria and that is why the crackdown on corruption by President Buhari has made a huge difference to that perception and there is now a great willingness for investors to come to Nigeria,” he said.