GOV. SANWO-OLU IN LONDON SEEKS FOREIGN INVESTMENTS, PARTNERSHIPS.(PHOTOS). #PRESS RELEASE.
SANWO-OLU IN LONDON SEEKS FOREIGN INVESTMENTS, PARTNERSHIPS •Governor charges Commonwealth states to bring capital, technology, expertise to Lagos The Governor of Lagos State, Mr. Babajide Sanwo-Olu, on Monday charged the Commonwealth’s 56 member states to invest in Africa, particularly Lagos, by bringing their capital, technology and other expertise, promising that they will find not just market and opportunity but partner and relationship. He said the Commonwealth's greatest advantage is not simply its shared language, shared laws or shared history but its people, noting that nowhere is that advantage more vivid, dynamic or consequential than in Africa. Speaking as a Keynote Speaker at the opening ceremony of the Commonwealth Trade and Investment Summit held at Mansion House, London, on Monday, Governor Sanwo-Olu said Lagos is ready for partnerships and relationships with global investors. The theme of the opening session is “The Commonwealth's Advantage". ...
Today,the Senate held a closed-door Ministerial Briefing,which was attended by the Governor of the Central Bank of Nigeria {CBN}.The purpose of this engagement was to gauge the effectiveness of the monetary and fiscal policies that have been adopted to salvage the current economic situation in the country.At the briefing,Senators questioned the CBN Governor on the recent changes made to Nigeria's foreign exchange management policy; the determination of foreign exchange rates; the monetary policy of the Federal Government; the challenges being experienced by many commercial banks; and the need to diversify and grow Nigeria's economy for better performance.Moving forward according to the Senate President 'Saraki,the 8th Senate will continue our collaborative approach of working to bring succour to the Nigerian people in the form of effective oversight and innovative legislation.
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