The Executive Council of the Nigerian-British Chamber of Commerce, NBCC, has recently vested its premium membership status on leading engineering construction company, Julius Berger Nigeria Plc. The induction ceremony held in Lagos at the headquarters of the NBCC.
Established in 1977, the Nigerian-British Chamber of Commerce, NBCC, is a foremost bilateral chamber in Nigeria with an objective to promote trade and investment between Nigeria and Britain.
Julius Berger’s delegation to the event was led by the company’s Executive Director of Administration, Alhaji Zubairu Ibrahim Bayi, FNIOB. Bayi who made a pitch on behalf of the organisation said, “since our business advent in Nigeria, with the Eko Bridge Project in 1965, Julius Berger Nigeria Plc has remained at the forefront of the country’s engineering construction industry, continuously building on robust experiences, strong technical development and innovation for the creation of long-term value, as well as diversification of portfolios for clients, stakeholders and the general public”. Continuing, Alhaji Bayi explained that these has remained Julius Berger’s progressive mission, work and unwavering commitment to Nigeria’s development agenda.
For Bayi, Julius Berger’s premium membership of the NBCC is a worthy investment and he prayed for more success for the company through this membership. He concluded by asserting Julius Berger’s leadership of the construction sector, saying, “in terms of history, scope, resources, project management, quality, high standards and reliability, the mention of Julius Berger in engineering construction conversation in the country brings such conversations to a conclusive finality… with an eye for the finest engineering detail, we respectfully but confidently, lead our sector”.
The Guest Speaker at the event was Mr. Benson Adenuga, Director of Coverage and Head of the Nigeria Office, British International Investment. He spoke extensively on the critical need for well thought-out investment partnerships, traversing the ideas of start-up venture capital, growth capital, strategic capital, and turnaround capital.
The manifestly seasoned international investment guru emphasised the irreducible need for clarity of both international and municipal regulatory compliance, and alignment of purpose between businesses and capital investors, which is pivotal to business growth and connection to markets.
Mr. Adenuga maintained that clarity about the kind of investor required at any point in time during a business cycle, the proposed governance structure between the business managers and the capital investor, as well as the need for commitment to transparency and an organisational culture that is fit for purpose are all noteworthy signal for investment readiness of an enterprise.
NBCC is an affiliate of the British Chambers of Commerce (BCC), which gives member companies access to a network of 52 other chambers of commerce across the commonwealth. With a membership strength of over 400 companies, whose total net worth is about 200 trillion naira from all sectors of the economy, the NBCC is a constantly developing network of local branches in all parts of the country and has an NBCC-UK office presence.
The Nigeria-British Chamber of Commerce was set up to promote and develop Anglo-Nigeria trade relations, continually create value for its members and facilitate business-to-business relationships. It also aims to, in conjunction with other accredited Chambers of Commerce who are piloting Local Skills Improvement Plans (LSIPs) in their areas, help to address issues of shortage in skills, weak productivity and the problems posed by the increasing changes in the way people work. The Chamber Network has launched a campaign to address these issues.
