Speaking at a press briefing in Abuja, Montgomery highlighted key policy changes—most notably, the removal of fuel subsidies and the unification of the exchange rate—as major steps toward long-term economic stability.
According to him, these reforms are already generating positive momentum and making Nigeria a more “investible” destination. British businesses, particularly in finance, banking, and investment sectors, are reportedly responding favorably to the changes. Montgomery also reaffirmed the UK’s commitment to strengthening bilateral ties with Nigeria, particularly in areas such as trade, investment, defense, and security.
The envoy’s remarks underscore growing international recognition of Nigeria’s renewed push to rebuild its economy and attract foreign direct investment under Tinubu’s administration. About the Author
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