Nigerians in UK move to boost FDI, remittance

By Clifford Ndujihe
TO improve Foreign Direct Investments, FDI, and remittances from United Kingdom, UK, Nigerian professionals in UK will host a seminar on December 1 to showcase the avalanche of business and investment opportunities in the country.

The seminar, with the theme, Delivering Projects in Complex Environments, is being organised by Nigerian Association of Project Professionals United Kingdom, NAPPUK, in London.

Currently, there are about 150,000 Nigerians in UK. Estimated remittances from Nigerians in the Diaspora stand at $20 billion with the United States accounting for the largest portion of official remittances followed by the UK.

Relatedly, estimated net flow of FDI is about $8 billion.

Three guest speakers are expected at the seminar. They are Prof Charles Egbu (University of Salford), who will speak on Managing Projects in Complex Environment: Challenges and Prospects; Ms Chi Onwurah (member of Parliament, Newcastle), will take Building GSM Network in Nigeria: Experience of a Project Professional; and Dr. Nelson Ogunshakin (OBE), Opportunities for British Professionals and Businesses in a Dynamic Emerging Market Like Nigeria.