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Nigeria-UK trade reaches £7.3 billion

By , based on ThisDay

Nigeria-UK trade reaches £7.3 billionIllustrative image · Temple Maduoma · Pexels · Licence Pexels

Trade between Nigeria and the United Kingdom has reached £7.3 billion as London seeks to expand economic and strategic cooperation with Abuja. British High Commissioner Pete Vowles cited investment, education, security and innovation among the areas concerned, according to This Day.

Trade between Nigeria and the United Kingdom has reached £7.3 billion, British High Commissioner to Nigeria Pete Vowles said on Thursday. He said London wanted to deepen its partnership with Abuja in trade, investment, education, security, innovation and development, during a reception hosted by the British High Commission in Abuja to mark King Charles III's 78th birthday.

Pete Vowles presented the bilateral partnership as a relationship now focused on new economic opportunities and shared priorities. He also highlighted people-to-people links and cultural exchanges between the two countries, in addition to relations between governments.

The strengthening of economic cooperation comes after the British state visit to Nigeria in March, which the British High Commission describes as a major milestone in relations between the two countries. The Nigeria-UK strategic partnership covers trade and investment, education, defence and security, migration and development.

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