It is indeed a new dawn in business partnership for global investment drive in the country as history was made at the Development Agency of Western Nigeria in Cocoa House, Ibadan on Monday, 13th May, 2019.
Mr Afolabi Andu, Executive Chairman of the Nigerian Global Business Forum and Mr Seye Oyeleye, Director General of Dawn Commission both signed off on a strategic partnership for the Western Nigeria Investment Summit taking place in October at the Landmark Centre, Lagos.
DAWN Commission, was set up by the Governments of the South West States of Nigeria as the institutional and programme management body to midwife their Regional Integration Agenda. It is therefore the dedicated coordinating agency fully empowered by the Governments of the six states to ensure the delivery of the composite development aspirations of the Region as expressed in what has been generally adopted and known as the Development Agenda for Western Nigeria (DAWN).
The summit is hosted by six states in the South West of Nigeria namely; Lagos, Osun, Ekiti, Ondo, Ogun and Oyo.
The coming together of these state governments irrespective of political affiliations is a further testament that DAWN Commission is about fostering unity through the furtherance of sustainable economic agenda in the South West.
All in all, there are about 5 major sectors for investors to take advantage of, which will be highlighted during the Summit. They include: agriculture, infrastructure, mining, oil and gas and technology.
The DG reiterated the need to position Western Nigeria as an economic bloc open for business, with a population estimate of more than 40 million people, the potential for investment is huge and we expect investors to explore the opportunities the summit will offer.
Prior to this strategic partnership, European Leadership Award recipient and Executive Chairman of the Nigerian Global Business Forum, Mr Afolabi Andu in an exclusive interview on the current state of Nigeria, indicated that Nigerians must be put back to work imminently, largely through a well executed economic stimulus drive strategy aimed at regenerating major cities in the country.
NGBF’s main focus is to operate as a vehicle with the main objective of driving into Nigeria the much needed financial and human capital investment. This is achieved through the various Business Forums located in different parts of the world.
Andu holds the view that the Federal, State and Local government must be decisive in their actions if they desire to witness real economic growth that will positively impact the Nigerian populace as a whole over the next four years.
Stating at a press conference during his current tour of duty in Nigeria, Andu holds the view that with the current dilapidated state of infrastructure coupled with an apathetic state in the country, there is an urgent need for a major trigger that will create rapid economic growth, noting that this can be in form of a detailed and focused master plan programme geared towards massive infrastructural development.
In his remarks, he stressed that such an initiative should be applied through the length and breadth of the country, further pointing out that with such level of investment in the major cities, significant numbers of Nigerians at all levels will be put back into employment, the cities will inevitably wear a new look thus making investment more attractive to prospective investors and ultimately a fresh sense of hope will inevitably emerge amongst Nigerians.
Andu finally called on both Federal and State governments not to ignore the pains of the people but to commit over the next four years, with a focus on enhancing the quality of life for the average citizen in the country