Commonwealth Enterprise and Investment Council (CWEIC) Urges FG To Boost Collaboration With States On Trade

By Clement Alphonsus
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Rosie Glazebrook (Chief Executive Officer, Commonwealth Enterprise and Investment Council)

The Chief Executive Officer of the Commonwealth Enterprise and Investment Council, Rosie Glazebrook, has disclosed the need for a deepened collaboration between the federal and state governments that would strengthen trade and investment opportunities between Nigeria and other member countries of the Commonwealth.

This was disclosed by Glazebrook when she led a delegation of CWEIC Strategic Partners during her separate meetings with Vice President Kashim Shettima in Abuja and the Governor of Lagos State, Babajide Sanwo-Olu, in Lagos State.

Glazerbrook expressed the CWEIC’s support to the Nigerian government and highlighted some of the council’s forthcoming events both in Nigeria and outside, including the Commonwealth Trade and Investment Summit in London in 2025, and the proposed Trade and Investment Summit to be held in Nigeria in the second half of 2025.

According to her, “We want to help boost trade and investment into Nigeria and equally support Nigerian businesses looking out to develop plans for more interactions with foreign partners.

“We would like to look up ways where we can encourage the Nigerian government and the business community to take advantage of the Commonwealth market across the 56 countries and other partners in the Middle East and North Africa.”

While responding to the CWEIC’s delegation, Vice President Shettima stated that Nigeria would become a major economic force in the world under President Bola Ahmed Tinubu.

He said, “Nigeria is where the attraction should be for investors all over the world as Nigeria will become a major global economic force under President Bola Ahmed Tinubu.”

Sanwo-Olu also welcomed the CWEIC’s delegation and discussed on the huge potential the state offered to investors and the key priority areas of his administration.

Glazebrook explained that the CWEIC looks across a whole range of sectors in Nigeria, particularly around energy, oil and gas, infrastructure, growing the skills of young people, maritime, healthcare, and SMEs on how they can be supported.