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President Goodluck Jonathan. Photo credit: onobello.com

President Goodluck Jonathan leaves Abuja for London today (Thursday) to preside over a meeting of Nigeria’s Honorary International Investment Council (HIIC) which opens in the British capital on Friday.

Highlights

  • The meeting will focus on investment and infrastructure reforms
  • HIIC boss, Baroness Lynda Chalker will be attending with business moguls, including Aliko Dangote, Jim Ovia and Umaru Mutallab
  • Ngozi Okonjo-Iweala,Diezani Allison-Madueke, Olusegun Aganga, Aliyu Gusau and Idris Umar will be accompanying Jonathan
  • The President is expected back on Sunday

Details

The meeting is expected to focus on the current investment landscape in Nigeria, developments and opportunity in the ongoing upgrade, expansion of the country’s public infrastructure, as well as reforms in the rail transportation, power and construction sectors.

lynda chalker,
Baroness Lynda Chalker. Photo credit: uct.ac.za

The Coordinator of the HIIC, Baroness Lynda Chalker will be joining in the meeting with other world business moguls which include Haruki Hayashi of the Mitsubishi Corporation, Yves Louis Darricarrere of Total, Andy Brown of Shell, Guillame Roux of Larfarge, Alhaji Aliko Dangote, Mr. Jim Ovia, Alhaji Umaru Mutallab, some state governors and the Chairmen of the National Assembly Committees on Transport.

President Jonathan will be accompanied to the meeting by key ministers including the Minister of Finance and Coordinating Minister of the Economy, Mrs. Ngozi Okonjo-Iweala, the Minister of Petroleum Resources, Mrs. Diezani Allison-Madueke, the Minister of Industry, Trade and Investment, Dr. Olusegun Aganga, the Minister of Power, Prof. Chinedu Nebo, the Minister of Defence, Gen Aliyu Gusau (rtd.) and the Minister of Transport, Senator Idris Umar.

Established in 2004, HIIC holds two meetings per year.  The council advises the government on matters pertaining to Nigeria’s economic development, making the Nigerian economy more competitive globally and attracting greater direct foreign investment to boost domestic industrial growth and job creation.

In June last year, the Council adopted an anti-corruption initiative dubbed Clean Business Nigeria Today. On the occasion, HIIC head, Baroness Chalker said, “The Council resolved to add to the government’s efforts at fighting corruption and we have today adopted the clean business plan  as a means of integrating the private sector into the efforts of government to deal with the issues of corruption that arise all over the place”

President Jonathan is expected back in Abuja on Sunday.

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