Source · Select Committees · International Development Committee
Recommendation 27
27
We are disappointed that the FCDO has not worked alongside BII to ensure that a...
Conclusion
We are disappointed that the FCDO has not worked alongside BII to ensure that a reduction in forced displacement becomes a key criterion in BII’s investment decision making. With such a large portfolio across Nigeria—a country that hosts a vast number of displaced people—strategic investments from BII in this regard could make a significant difference. (Conclusion, Paragraph 116) Within six months of the publication of this report, the FCDO must undertake a review of all of the factors that risk undermining the UK-Nigeria strategic partnership, including humanitarian need, instability, insecurity, good governance issues and the low investor confidence in Nigeria’s economy, and how it plans to mitigate those risks. Findings should be shared with the Committee no later than one year from the publication of this report. (Recommendation, Paragraph 117) 49