Trade between Nigeria and UK expected to hit £8 billion by 2016

Channels Television  
Updated November 27, 2012

Nigeria’s ambassador to the United Kingdom, Dalhatu Tafida on Tuesday said trade between the two countries which was £1.2 billion in 2008 has increased to about £4 billion and is expected to rise to about £8 billion by 2016

Speaking to journalists ahead of this year’s International Investors Council conference which is scheduled to hold in London on Thursday and Friday, Mr Tafida said “Nigeria which was like a pariah state before the inception of the council is now witnessing a boost in trade and investments”.

The ambassador described the trade relations between Nigeria and the UK as cordial and that both governments will do everything possible to improve on it not minding the challenges in the country.

Vice President Namadi Sambo will represent President Goodluck Jonathan at the 13th edition of the council.