United Kingdom and Nigeria said the trade volume between the two countries stood at 5.5 billion pounds in the four quarters of 2022.
This is contained in a statement issued in Abuja, jointly signed by the Minister of Industry, Trade and Investment, Adeniyi Adebayo and UK Trade Envoy to Nigeria, Helen Grant, at the 8th ministerial meeting of the United Kingdom-Nigeria Economic Development Forum.
According to the statement, the total trade in goods and services (exports plus imports) between the UK and Nigeria currently stands at 5.5 billion pounds for year.
“Of this 5.5 billion pounds, total UK exports to Nigeria amounted to 3.3 billion pounds in the four quarters of 2022, while total UK imports from Nigeria amounted to 2.2 billion pounds in the four quarters of 2022,’’ it said.
The statement said that the UK and Nigeria reaffirmed their commitment to deepen the trade relationship between both countries.
“It was a confirmation of their shared interest in pursuing…
