History, Objectives and Export Britain Initiative
The UK Network of NBCC was formed in July 2009 with the intention of engaging with the Nigerian Business Diaspora in the UK and to enable Nigerian companies to have market access to Business in the UK. In October 2013 the UK Network's objectives were widened through the initiative of the British Chambers of Commerce and UK Trade & Investment through the launch of its Overseas Business Network Programme in order to strengthen the UK's Business to Business (B2B) support network.
This will be achieved through the accreditation of selected Bilateral Chambers of Commerce of which the Nigerian-British Chamber of Commerce will be one. The aim is to have a suite of accredited international trade services in place by 2015 through a number of service categories under the 'Export Britain' initiative:
- Export readiness
- Export finance
- Getting goods to market
- International market access
- Sales and marketing
- Market promotion
- Market entry
- Market development
- Regional expansion
In the selected overseas markets the Programme will be facilitated through the setting up of British Business Centres working in cooperation with country based Chambers of Commerce and other Business organisations. In Nigeria the Centre will be based in Lagos. There are also plans to open a Nigerian Business Centre in London to facilitate Nigerian Business visitors to the UK, to promote Nigeria generally and to provide an additional source of information on bilateral trade opportunities. Currently the UK Secretariat is based in the East Midlands.
Nigeria is one of the MINT Countries (Mexico, Indonesia, Nigeria and Turkey) identified as countries with projected above average growth in the coming years. Nigeria is on track to become one of the twenty largest economies by 2020. Nigeria is the Continent's largest English speaking country and has longstanding cultural and Business links with the UK. With a population estimated at around 170m and 36 self Governing States it is the most populous country in Africa.'