{"id":4454,"date":"2023-11-06T15:46:57","date_gmt":"2023-11-06T15:46:57","guid":{"rendered":"https:\/\/abujacityjournal.com\/livenews\/?p=4454"},"modified":"2023-11-06T15:46:57","modified_gmt":"2023-11-06T15:46:57","slug":"uk-renews-partnership-with-nigeria-lauds-tinubus-economic-reforms-at-cabinet-retreat","status":"publish","type":"post","link":"https:\/\/abujacityjournal.com\/livenews\/2023\/11\/06\/uk-renews-partnership-with-nigeria-lauds-tinubus-economic-reforms-at-cabinet-retreat\/","title":{"rendered":"UK Renews Partnership with Nigeria, Lauds Tinubu\u2019s Economic Reforms at Cabinet Retreat"},"content":{"rendered":"

The United Kingdom (UK) has officially renewed its partnership with the Nigerian government, reaffirming the deep-rooted historical, political, and economic ties between the two nations. The announcement was made by the British High Commissioner to Nigeria, Dr. Richard Montgomery, during the opening of the three-day 2023 Cabinet Retreat, attended by Ministers, Presidential Aides, Permanent Secretaries, and other top government officials. The theme of the retreat was “Delivering on the Renewed Hope Agenda,” and it was inaugurated by President Bola Tinubu.<\/span><\/p>\n

Dr. Richard Montgomery commended the significant economic reforms initiated by President Tinubu’s administration, acknowledging that Nigeria currently faces substantial challenges in the realms of security, economy, and social development. He praised Nigeria’s active role on the global stage, including its leadership in the Economic Community of West African States (ECOWAS), its advocacy for democracy, and its international engagement through forums like the G20.<\/span><\/p>\n

Moreover, the British High Commissioner emphasized the UK’s enduring commitment to its partnership with Nigeria, grounded in shared history, democratic values, defense, security, trade, and investment interests. He also highlighted the significant contribution of the Nigerian diaspora, creative industries, and sports stars to the UK’s national culture and life. Additionally, the UK and Nigeria have established mutual accountability through development agreements that cover areas such as health, education, job creation, and government effectiveness.<\/span><\/p>\n

Dr. Montgomery acknowledged the UK’s strong partnership with the office of the Secretary to the Government of the Federation (SGF) and expressed optimism about the eight priorities outlined in the renewed hope agenda. He mentioned that policy advisory committees have identified plans, milestones, and performance indicators, which will be discussed at the retreat.<\/span><\/p>\n

The British High Commissioner encouraged the use of the SGF’s tracking system to drive delivery, learn from challenges, and move Nigeria forward. He recognized the challenges that lie ahead, especially considering the difficult global context and high expectations from the government. Nevertheless, he expressed optimism, highlighting the resilience, creativity, and entrepreneurial spirit of Nigerians as crucial factors in Nigeria’s progress.<\/span><\/p>\n

Dr. Montgomery acknowledged Nigeria as a growing regional and global powerhouse, forecasting that the country could become the third-largest globally by 2050. He applauded President Tinubu’s plans to stabilize the economy and spur higher growth, emphasizing that the UK stands ready to support and collaborate in various areas.<\/span><\/p>\n

The retreat, which aimed to prepare government officials for delivering on the renewed hope agenda, covered essential government processes, including procurement, budgeting, anti-corruption efforts, and the role of ministers and permanent secretaries in managing their ministries.<\/span><\/p>\n

The World Bank Country Director for Nigeria, Mr. Shubham Chaudhuri, also assured the government of the World Bank’s commitment to provide financing and solutions to support Nigeria’s development goals. He emphasized that the World Bank was more than just a bank and hoped to earn the government’s trust as a partner in driving positive change in the country. The World Bank has approved over $11 billion in financing for the Nigerian government at both federal and subnational levels, highlighting its commitment to helping Nigeria address its pressing challenges and achieve its priorities.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The United Kingdom (UK) has officially renewed its partnership with the Nigerian government, reaffirming the deep-rooted historical, political, and economic ties between the two nations. The announcement was made by the British High Commissioner to Nigeria, Dr. Richard Montgomery, during the opening of the three-day 2023 Cabinet Retreat, attended by Ministers, Presidential Aides, Permanent Secretaries, […]<\/p>\n","protected":false},"author":14,"featured_media":4456,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[59],"class_list":["post-4454","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-featured"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/4454","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=4454"}],"version-history":[{"count":1,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/4454\/revisions"}],"predecessor-version":[{"id":4457,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/4454\/revisions\/4457"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/4456"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=4454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=4454"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=4454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}