The British Excessive Commissioner to Nigeria, Mr. Richard Montgomery, on Wednesday met with the Governor of Rivers State, Siminalayi Fubara, to debate mutual financial alternatives.
Talking to journalists shortly after a closed-door assembly on the Authorities Home, Port Harcourt, Montgomery stated the dialogue with Fubara targeted on the problems of strengthening safety structure and increasing prevailing financial alternatives.
He acknowledged that the dialogue had laid the muse for strengthening commerce and funding partnerships that might ship financial prosperity amongst residents.
The envoy stated: “I imagine it’s in our curiosity to commerce and achieve mutual profit from our investments. And for folks in areas just like the South-South area, the place livelihoods and jobs are important, it’s in our mutual curiosity to attempt to enhance our commerce and funding partnership total.
“I’m eager about understanding each the safety and financial scenario as there may be numerous curiosity from UK firms; of town of London, about potential alternatives on this (river) financial system.
“And naturally, the Metropolis of London has an curiosity in Rivers State due to its strategic standing, with strategic property comparable to oil and gasoline, strategic services that facilitate commerce throughout Nigeria and certainly strategic establishments, together with main increased schooling right here. ”
Montgomery acknowledged the present inflation development and forex scenario which have made life troublesome for Nigerians, however expressed optimism over the reforms being applied by the President Bola Tinubu-led authorities.
“So we're very eager about following what's occurring. I’m very optimistic that there are monumental property and potential right here, and that the key reforms being applied by the Federal Authorities will yield a optimistic consequence.”
For his half, Fubara stated the talks with the British envoy have been aimed toward attracting extra overseas investments that might additional strengthen the capabilities of entrepreneurs within the state.
