Economy

NBCC advocates human capital devt, gets support for Project Hope

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The Nigerian-British Chamber of Commerce (NBCC) says there is the need to redevelop and reinvest in human capital to foster seamless trade relations between Nigeria and Britain.

Mr Peter Walker, Honorary Life President, NBCC, United Kingdom, said this at the NBCC’s fundraiser for its plaza project tagged: “Project Hope” on Wednesday in Lagos.

The News Agency of Nigeria reports that the fundraiser was organised to facilitate the NBCC’s plaza project.

The project is part of efforts to ensure seamless trade relationship between Nigeria, Britain and the rest of the world.

Walker, in his remarks, said COVID-19 and Brexit had reminded the world of the need to join forces to advance economic and social performance.

As a result, he advocated redevelopment and reinvestment in the most important capital of the world; humans.

Walker said that the concept of a Nigerian Trade Centre was important, and its realisation vital.

He stressed the need to help reintroduce Nigerian businesses to the world beyond her extraordinary quality banks.

“We need to develop a great presence for Nigerian businesses of all kinds in the United Kingdom so that trade is truly bilateral,” he said.

Walker said that the United Kingdom would redouble her efforts and build on the foundations and leadership Nigeria had provided.

Also, Mr Kayode Falowo, President and Chairman of Council, NBCC, said the plaza was created as a facility aimed at driving and improving trade relations between Nigeria, Britain and the world.

According to him, the four-storey plaza will be a place where businesses will be midwifed, settled and taught the rudiments of operations to engender trade success.

Falowo said that the facility had been configured to provide information, data and incubation services, among others, for Small and Medium Enterprises (SMEs) and the business community at large.

“By 2015, we successfully laid the foundation and the NBCC  has tried to get it to where it is, today.

“I appreciate the efforts of all our donors.

“The facility would provide several business services which would help businesses that come to Nigeria settle down easily.

“It would also provide good experience for these investors to further drive trade and investment in Nigeria.

“It also has a library and data information centre to make information available to the rest of the world about doing business in Nigeria,” he said.

Dr Michael Olawale-Cole, Chairman, Plaza Committee, said the project would engender closer ties between Nigeria and Britain.

He said it would also restore hope in the Nigerian economy and improve trade.

“The project would provide private sector players with information and facility to conduct business effectively.

“It is also expected to help spring up 100 businesses annually, ” he said.

Also, Dr Ije Jidenma, Council Member, NBCC, said ‘Project Hope’ was filled with courage, resilience and undaunted vision for a greater Nigeria.

Ije said it was also for a deserving  and respectable voice at the global arena.

The News Agency of Nigeria reports that the fundraiser, with a goal of N150 million, raised over N100 million worth of donations.

Edited By: Oluwole Sogunle
Source: NAN

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