Nigeria Britain trade

Nigeria, Britain trade to rise above 100m pounds

Trade volume between Nigeria and Britain is expected to rise above 100 million pounds before the end of 2018, the President of the Nigerian-Britain Chamber of Commerce, Mr. Akin Olawore, has said. (Nigeria Britain trade)

He also said trade facilitation between both countries is expected to improve more than what it was in the previous years.

Speaking yesterday while declaring his intention to lead a delegation of Nigerian business owners and professionals on a trade mission to the United Kingdom, specifically to London and Liverpool, he said a lot of things still need to be done to bring back the confidence of British investors to Nigeria.

He said as part of the things which the chamber has put in place to grow export from Nigeria to UK is the visa on arrival policy.

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Nigeria Britain trade
Nigeria Britain trade: Nigeria, Britain trade to rise above 100m pounds

He said, “The chamber has also midwifed the construction of a warehouse at the airport where goods marked for export will be stored, particularly perishable agricultural produce.

“We understand that is part of the reasons why agricultural produce marked for export are rejected.

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“This has to do with the soil sample where the product is grown and cultivated. We have organised programme for farmers on the need to understand soil sample because once they know this the problem will be half solved.”

On the visit to the UK by the delegates from June 11, 2018, Olawore said it will provide a platform for Nigerian and British businesses to engage, adding that it will encourage, promote and facilitate trade and investments between the two countries.

“Delegates will also have the opportunity to participate at the international businesses festival in Liverpool and London technology week,” he noted.

(Daily Trust)