£1.5bn earmarked for Nigeria ‘largely untouched’, says UK


The £1.5bn financing set aside for Nigeria by the UK Export Finance, the United Kingdom government’s export credit agency, has remained largely untouched, the UK Government Department for International Trade, Nigeria has said.

The Country Director, UK Government Department for International Trade, Nigeria, Chimwemwe Chalemera, disclosed this on Thursday at the 2021 Energy Sustainability Conference organised by the Energy Institute Nigeria in Lagos.

“UKEF is focussed on 30 countries in Africa with a combined market risk appetite of £58bn and in Nigeria,…

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