Under Tinubu, Nigeria is now the Preferred Destination for Global Capital, says Francis Shoga, DG City Boys Movement

.....Reacts to Historic £8.1bn UK-Nigeria Trade Milestone‎

 

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The Director General and Co-Founder of the City Boys Movement, Mr. Francis Oluwatosin Shoga arrived at Nnamdi Azikiwe International Airport in Abuja today after participating in the historic UK-Nigeria trade mission.

 

Speaking with reporters and digital creators upon his arrival, Mr. Shoga said the atmosphere in London during President Bola Tinubu’s State Visit was "the definitive turning point for Nigeria’s industrial future." 

On the £24 Million Ovaltine Factory in Lagos, Shoga stated, "It is not just a rumor; it is a landmark reality. I can confirm that Twinings Ovaltine has committed £24 million to build its first-ever African manufacturing plant right here in Lagos. This isn't just about a malt drink. It’s about a global British giant saying, 'We trust the Nigerian environment enough to move our production here.' This will create hundreds of direct jobs and turn Lagos into a supply hub for the entire West African sub-region."

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‎Speaking further, the DG of City Boys Movement explained the $496 Million Integrated Dairy Deal: "One of the most transformative agreements signed was the $496 million Integrated Dairy Deal. For too long, Nigeria has spent billions of dollars annually importing dairy. This deal is the game changer. We are bringing in UK expertise to build climate-controlled mega-dairy farms and high-tech processing plants. This isn't just about cows; it’s about a complete value chain—from bovine genetics that will increase milk yield by over 400% to cold-chain logistics that ensure fresh Nigerian milk reaches every dinner table without spoiling. We are moving from being a nation of consumers to producers, creating thousands of rural jobs in the process."

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‎On the £746 Million Port Modernization Deal, he said, "This is the one that should excite every industrialist and oil and gas professional. A £746 million deal was signed to refurbish and modernize the Apapa and Tin Can Island ports. We are talking about state-of-the-art quays and digital border systems. This will end the bottlenecks that have frustrated our exporters for decades. The City Boys Movement is proud to see the President’s vision for infrastructure manifesting in such a massive, externally funded way."

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‎Mr. Shoga further highlighted the key point of President Bola Ahmed Tinubu’s State Visit, which is the

record £8.1 Billion Trade Volume. He said, "For the first time in our history, bilateral trade with the UK has hit £8.1 billion annually. This is the result of deliberate, ‘Renewed Hope’ diplomacy. We saw agreements spanning fintech, agriculture, and energy. When you see Zenith Bank opening branches in Manchester and firms like Moniepoint expanding in the UK, you realize that the bridge between Lagos and London is no longer one-way. It is a partnership of equals."

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‎"I am returning with a clear message for Nigerians: the world is betting on us again. The President has opened the doors; now it is up to our local industries to step through them. The City Boys Movement remains committed to advocating for policies that bring direct foreign investment to our doorstep.

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‎This is why we support the continuity of President Bola Ahmed Tinubu and the Renewed Hope Agenda."