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Nigeria-UK relations will continue to create opportunities for investment, Tinubu assures British envoy



President Bola Tinubu has assured officials of the United Kingdom (UK) government that the “partnership” between Nigeria and the UK “will continue to create opportunities for growth, investment, and shared prosperity”.

 

Tinubu spoke on Wednesday in Aso Rock when he received a delegation from British Airways led by Richard Montgomery, British high commissioner to Nigeria, and Colm Lacy, the airline’s chief commercial officer (CCO).

 

The president reaffirmed Nigeria’s commitment to deepening economic relations with the UK, particularly in the aviation sector and other mutually beneficial areas.

 

According to a statement from Bayo Onanuga, special adviser to the president on information and strategy, Tinubu, while highlighting the longstanding and productive partnership between both countries, noted that Nigeria places great value on its strategic relationship with Britain.

 

 

“We also hold in high regard our relationship with His Majesty the King. His long-standing commitment to sustainability and to strengthening the Commonwealth, particularly the relationship between Nigeria and Great Britain, must continue to enhance cooperation that aligns with our own national priorities,” Tinubu was quoted as saying.

 

“I assure you we will continue to do that, and this engagement confirmed the bilateral relations that we’ve enjoyed over the years. Our forebears wanted us to continue.”

 

The president further acknowledged the critical role of British Airways in fostering economic and people-to-people connections between Nigeria and the UK, noting that Nigeria is undergoing reforms to strengthen the economy and state institutions.

 

 

“Nigeria is still going through the reforms and transformation of our aviation industry and every aspect of our economy. We must meet global standards and encourage people-to-people connections while promoting the essence of trade and partnership in this sector,” he said.

 

Tinubu also expressed appreciation to the British government for the numerous business and investment opportunities extended to Nigeria over the years.

 

He informed the visitors that one of the earliest achievements of his administration was settling outstanding liabilities owed by airlines operating in Nigeria.

 

“You’ve seen that since I assumed office, the outstanding liabilities and other hiccups that are hindrances to our relationship are being resolved by the Central Bank of Nigeria, and we hope to strengthen all of that,” the president said.

 

‘NIGERIA IS MORE THAN JUST A DESTINATION FOR AIRWAYS’

In his remarks, Lacy said British Airways has maintained a 90-year relationship with Nigeria, supporting trade, investment, and connectivity.

 

According to the CCO, Nigeria is not just a destination for the airways, but a long-standing valued customer.

 

“Every day our services support Nigerian entrepreneurs, students, families and tourists connecting from Nigeria to the United Kingdom and all over the world, helping in trade, investment and opportunities in both directions,” he said.

 

 

Lacy commended the ministry of aviation, led by Festus Keyamo, alongside the Nigerian Civil Aviation Authority (NCAA) and the Federal Airports Authority of Nigeria (FAAN), for enhancing safety and professionalism in the sector.

 

He also praised the CBN for its commitment to resolving foreign exchange issues and restoring the confidence of foreign airlines operating in Nigeria.

 

Earlier, Keyamo said British Airways now operates new aircraft on the Nigeria-London route and has complied with government policies supporting local caterers by serving local dishes on outbound international flights.

 

Also speaking, Montgomery thanked the president for his successful state visit to the UK, during which several business agreements were signed to boost trade and economic ties between the two nations.

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