The Nigerian-British Chamber of Commerce (NBCC) has launched the Nigerian-British Trade Centre, a strategic initiative designed to boost exports, attract investment and expand market access between Nigeria and the United Kingdom (UK).
Country Director at the UK Department for Business and Trade, Mark Smithson, highlighted opportunities under the UK-Nigeria Enhanced Trade and Investment Partnership (ETIP) and Developing Countries Trading Scheme (DCTS), which he said currently offers low or zero tariffs to over 2,000 Nigerian products entering the UK.
He reiterated the UK’s commitment to equitable trade partnerships and encouraged Nigerian exporters to meet international product standards to compete effectively in global markets.
According to him, “We are eager to see Nigerian farmers, entrepreneurs, and businesses take advantage of these opportunities — from sesame seeds to cashew nuts — and fill the gaps left by declining crude oil exports.”
He expressed the centre’s readiness to support businesses on both sides in navigating and thriving in a dynamic trade landscape.
NBCC President, Ray Atelly, emphasised that the trade centre was a hub of opportunity, said it would also promote economic diversification and foster cultural exchange between the two nations.
“This centre will serve as a one-stop information shop for trade, housing experts and insights to help businesses make informed decisions.”
There is so much Nigeria can export,” he said.