Commonwealth Appoints Gov. Ambode As VP

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The Commonwealth Enterprise and Investment Council (CWEIC) has appointed Lagos State Governor, Akinwunmi Ambode as the Vice President of the council.

This is contained in a statement issued by the Chief Press Secretary to the Governor, Mr. Habib Aruna on Sunday.

The statement said the appointment was announced by the Chief Executive Officer of CWEIC, Mr. Oliver Everett at a meeting between CWEIC and a group of Nigerian businessmen at Ikeja.

CWEIC is an interest group established to promote trade and investment by facilitating engagement between government and the private sector throughout the Commonwealth.

According to the statement, Ambode would be in office alongside Mr Jeffrey Mountevans, the Lord Mayor of the City of London as Co-Vice President of the Council for the next one year.

“In terms of investment, there is huge interest in Nigeria at the moment.

“I think it is well known that there are a number of challenges for investors over many years, because of lack of confidence about where money invested in Nigeria may end up.

“That may be true and it may not be true, but we all know as business people that perception is sometimes a reality, said the Chief Executive Officer of CWEIC, Mr. Oliver Everett.

“And with the perception that money would not necessarily end up where it ought to, many investors avoided Nigeria.

“That is why the crackdown on corruption by the President Buhari has made a huge difference to that perception and there is now a great willingness for investors to come to Nigeria,” Everett added.

Credit: NAN

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