Loading...

EU, Nigeria trade stands at €19.9bn in 2016 – Official reveals - Hallo friendsBreaking News Today, In the article you read this time with the title EU, Nigeria trade stands at €19.9bn in 2016 – Official reveals, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article culture, Article News, Article politics, Article sports, We write this you can understand. Alright, good read.

Title : EU, Nigeria trade stands at €19.9bn in 2016 – Official reveals
link : EU, Nigeria trade stands at €19.9bn in 2016 – Official reveals

EU, Nigeria trade stands at €19.9bn in 2016 – Official reveals

Multilateral trade between Nigeria and European Union member states stood at 19.9 billion Euros in 2016, Fillippo Amato, the Union’s Head of Trade and Economic Sector, has said.

Minister of Industry, Trade and Investment, Dr. Okey Enelamah

Amato disclosed this on Wednesday at a news conference on the 6th edition of the EU-Nigeria Business Forum, scheduled to hold between Oct. 5 and Oct. 6 in Lagos.

According to him, the EU remained the top destination for oil and non-oil exports from Nigeria.

“Despite the significant effect of recession on Nigeria’s trade, EU-Nigeria trade remains strong, standing at 19.9 billion Euros in 2016.

The EU official said that the success of the Economic Recovery and Growth Plan launched by Nigeria in February 2017 depended on active private sector participation.

According to him, this calls for effective confidence building to attract investors.

“On the other hand, creating jobs that will stimulate the economy and provide sustainable employment, particularly for young people, is crucial both for the present and future of Nigeria,’’ the EU envoy said.

Amato said the forthcoming EU-Nigeria Business Forum, which had the theme: “Youth as an Engine of Broad-Based Economic Transformation’’ would hold at Eko Hotels, Lagos.

He said the forum would focus on the role of youths in Information and Communication Technology (ICT) and Agriculture, which were key sectors to support the growth and diversification of the Nigeria economy.

The envoy said that it would also give business leaders and policy makers from EU and Nigeria a platform to explore business openings and how to increase investment.

- NAN

Thus Article EU, Nigeria trade stands at €19.9bn in 2016 – Official reveals

That's an article EU, Nigeria trade stands at €19.9bn in 2016 – Official reveals This time, hopefully can give benefits to all of you. well, see you in posting other articles.

You are now reading the article EU, Nigeria trade stands at €19.9bn in 2016 – Official reveals with the link address https://newstodaysup.blogspot.com/2017/09/eu-nigeria-trade-stands-at-199bn-in.html

Tweet

Subscribe to receive free email updates: