Actions and Detail Panel
THE 4TH ANNUAL UK-NIGERIA SUMMIT – THE JOURNEY AHEAD
Tue, 9 May 2017, 08:00 – Wed, 10 May 2017, 15:00 BST
Nigerian London Business Forum (NILOBF) in partnership with London Chamber of Commerce and Industry (LCCI) invites you to join policymakers, business leaders, investors and finance professionals to reflect on Nigeria’s economic journey as it enters a new phase of growth and prosperity.
Nigeria has been leading the way as Africa’s most lucrative economy. And while recent macroeconomic conditions have worsened, triggered by lower oil prices, inflation and exchange rates combined with scrutiny of Government finances, Nigeria remains an attractive economy for UK investors.
This is one of the first events of 2017 to review Nigeria’s regeneration agenda in London, the summit will address what needs to be done to invigorate the country to its advantage. Following a format that includes an open dialogue and panel discussion, this summit is the first stop to any investor’s journey in exploring Africa’s powerhouse.
The scale of Nigeria’s economy is vast, it is by far Africa’s largest economy by size - $350bn and by population. A recent report by PWC predicts that Nigeria’s economy will grow at a rate of 5 – 7% a year between now and 2030. This figure isn’t just down to the oil reserves, Nigeria has significant resource wealth in fertile land deposits of minerals such as tin, iron ore, coal, limestone, niobium, lead and zinc.
KEY FEATURES OF THE SUMMIT
Economic forecast on Nigeria’s newly defined non-oil economy
Insights into Nigeria’s economic challenges – covering skills and educational gap, structural and financial reforms
an investor’s guide to medium -long term opportunities in the non-oil economy sectors including Power and Energy, Agriculture, Infrastructure, Manufacturing, Solid Minerals, Education and Communication Satellite and ICT
a review of government policies - tackling red tape and corruption to encourage a positive investor climate reflection
Join over 100 international and local guests comprising policy makers, C-level business leader’s financial professionals, economic development thinkers, academics,lawyers and consultants
Hear firsthand the role of regional integration in infrastructure development, the opportunities associated with project development and investment techniques needed for a successful portfolio
Discover the latest policy changes and the impacts on Nigeria’s economic developments
TUESDAY 9 MAY 2017, 8.00AM – 6.00PM
The morning session of the full day summit will provide an open dialogue with key private and public sector speakers on what needs to be done to invigorate the country following a decline in its economic prosperity. Essential topics will include government reforms, skills gap, structural infrastructural developments and an economic forecast on investment growth and initiatives.
The afternoon session of the summit will closely examine key sectoral investment opportunities and government proposals to stimulate investor confidence.
WEDNESDAY 10 MAY 2017 8.00AM – 3.00PM
Day two of the half day summit will continue with key sectoral investment opportunities, and strategic advice on medium to long term ventures in Nigeria’s burgeoning non-oil economy.
The panel will be made up of public and private sector speakers from Nigeria and the UK.
Confirmed speakers include:
Tobias Ellwood MP, Parliamentary Under Secretary of State for the Foreign and Commonwealth Office and Minister for the Middle East and Africa.
John Howell MP, UK Prime Minister's Trade Envoy for Nigeria
Mrs. Aisha Abubakar, Honourable Minister of State for Industry, Trade & Investment, Ministry of Investment, Trade & Industry
Dr. Ibe Kachikwu, Minister of State for Petroleum Resources/Chairman of the Board, Nigerian National Petroleum Corporation (NNPC), Federal Ministry of Petroleum Resources
Prof. Seidu Onailo Mohammed, Director General, National Space Research and Development Agency (NSRDA)
Dr. Bassey Edem, President, Nigerian Association of Chambers of Commerce, Industry, Mines & Agriculture (NACCIMA)
Alhaji Umar Farouk Rabiu, President, Kano Chamber of Commerce, Industry, Mines & Agriculture.