Bob Dewar

Building regional and international trade

Held an interesting breakfast in Lagos with one of Nigeria's main banks, which was a chance to brainstorm on prospects for Nigeria's recovery from current economic difficulties and on how UK and Nigeria can do even more bilateral trade and investment. My pitch was that the UK remains the natural partner for Nigeria because we offer the gateway and contacts to the globalised world and also offer good quality and standards. In the current banking situation in Nigeria and elsewhere, one of the key lessons has been the need for better regulation for example. Transparency is important. So are standards. And so is the need for all countries to work together to rebuild confidence and look outwards, building regional and international trade. It is certainly not the time to be protectionist. Anyway the feeling round the table was that there are some cautious positives about Nigeria including the Central Bank Governor's banking reforms, the current peace in the Nigeria Delta and the increase in the world oil price, which helps the revenue situation.   Our own Trade and Investment office remains very busy indeed, which shows the interest of UK companies. In terms of performance (UKTI reports and revenue raised etc) we're doing better than other UK offices in sub Saharan Africa.  Good stuff.

Posted at 13:16 13 November 2009 by Bob Dewar  |  Comments[0]

Why we need an Arms Trade Treaty

Travelling round Nigeria only underlines the need for this country to achieve genuine peaceful development for its people and move away from conflict and violence, which can flare up. Conflict and violence is fuelled in many parts of the world by arms. Arms need to be controlled at national and international level. That's why we need progress towards an Arms Trade Treaty and we hope Nigeria will play its part at this week's discussion in New York to bring such progress.

National and regional arms export control need to be really effective. Unregulated trade in arms needs to be stopped. A timetable is needed toward such a Treaty. Ordinary people with ordinary lives need that. It's tough enough in Nigeria for many of its poorer people just to get by and get their kids into school without worrying about insecurity as well. 

Posted at 17:43 07 October 2009 by Bob Dewar  |  Comments[2]

The port is Benin's lifeblood

Fascinating to go down the dual highway to Cotonou in Benin. Not nearly so many loaded trucks coming into Nigeria as when I last visited. That's a sign of the impact of the world economic downturn and the credit squeeze in Lagos. The port is Benin's lifeblood. West Africa should be a growing trading region and the challenge is to get the wheels of world commerce moving again.

Infrastructure is getting better in Benin with the new port now privatised and prospect of modernisation of the railway to the north. So it could become a key regional transport hub in time. But the daily reality for many is a small bit of 'informal' trade- a bag of rice in one direction, cheap Nigerian petrol in the other.

Posted at 17:06 17 September 2009 by Bob Dewar  |  Comments[1]

Towards achieving the Arms Trade Treaty

The UK's goal to achieve an international Arms Trade Treaty reminds me of the extent to which small arms- as well as more sophisticated weapons- are damaging peace and development in Africa, not least in Nigeria's Niger Delta. The UK has been supporting efforts to stop the flow of small arms across the whole of the West African region, including into Nigeria.

Unfortunately gangs are still able to get small arms and to use them to try to extort money by illegally 'bunkering' crude oil or by kidnapping innocent people. Of course there needs to be development and better governance and human rights (the communities in the Niger Delta need to see the benefits of the oil and gas revenue produced in their areas) and a political settlement and a cease-fire and better security.

But the illicit arms trade, often financed by proceeds of criminality or drugs, is helping prevent a breakthrough. Young people everywhere in Nigeria need development, training, education, jobs. They need a better life, not guns.

Posted at 15:29 17 June 2009 by Bob Dewar  |  Comments[1]

A day in Ajegunle

Attended an inspirational event in Ajegunle, one of Lagos’ poorest and most crowded districts. The UK Trade and Investment section and the High Commission have given work experience to youngsters from here. Their performance was exemplary and some have now got jobs. All they needed was the opportunity. Such great kids, such role models for others. All credit also to the private sector companies who have stepped in to support. Ajegunle means “wealth is here”. Nigeria’s wealth is indeed its people. But they need to have the chance to show what they can do.

Posted at 12:43 28 August 2008 by Bob Dewar  |  Comments[1]