Adeleke Seeks UK Subnational Investment, Signs MOU

Governor Ademola Adeleke of Osun State tasked the United Kingdom government with focusing on subnational investment in Nigeria, emphasising Osun State, which he called the heartland of South Western Nigeria.

The governor called in London at an investment working visit hosted by the UK Prime Minister’s Envoy to Nigeria on Trade and Investment, Hon Florence Eshalomi MP, attended by the ESG Management Services UK Ltd management team and other private sector representatives.

According to his spokesperson Mallam Olawale Rasheed in Osogbo in a statement, Governor Adeleke said that this is the time Nigeria and the UK should further close ranks in bilateral business relations, adding that the uncertainty in the global economy calls for more partnerships between and among members of the Commonwealth of Nations.

The governor canvassed, “Aside from binational collaboration, we advocate a further linkage between the British economy and subnational entities in Nigeria. The openings and prospects are too great to be ignored.”

Responding, the UK Prime Minister Envoy expressed delight at the Osun state government’s progress in attracting foreign direct investment.

She noted that the current global uncertainty incentivises new investment focus, identifying key positive indices that drive investment, as indicated by the governor’s address.

Hon Eshalomi said she has the UK Prime Minister’s mandate to forge closer links for investment between UK and Nigerian businesses. She expressed happiness that the Osun State Chamber of Commerce was represented at the meeting.