The total trade in goods and services; including exports plus imports between the UK and Nigeria currently stands at £5.5 billion.
This was contained in a statement made available to our correspondent on Monday.
The statement revealed that out of this £5.5 billion, “total UK exports to Nigeria amounted to £3.3 billion in the four quarters to the end of Q2 2022; while total UK imports from Nigeria amounted to £2.2 billion in the four quarters to the end of Q2 2022.”
Speaking at the 8th Economic Development Forum between UK and Nigeria, the UK International Trade Secretary, Kemi Badenoch said “Nigeria is Africa’s largest economy and I’m delighted to see our trade and investment links grow, already worth £5.5 billion. The successes the EDF over the last four years has helped address crucial market access barriers and boosted our exchanges in key sectors such as Legal and Financial Services.
“I…
