Bilateral trade between Nigeria and the United Kingdom has reached £7.3bn, the British High Commission said, reflecting deepening economic connections between the two nations. The British High Commissioner, Pete Vowles, disclosed the figure on Thursday at a reception in Abuja held to mark the 78th birthday of King Charles III and celebrate the partnership between the UK and Nigeria.
Vowles said the annual celebration provided an opportunity to recognise both the monarch and the relationship between the two countries. "Our partnership with Nigeria is a modern and forward-looking one. Whether through trade, education, innovation, security or culture, we are working together not only on today's priorities, but on tomorrow's opportunities," he said in remarks issued by the British High Commission on Friday.
The commission said the reception followed a significant year in bilateral relations, particularly a State Visit to Nigeria in March that demonstrated the depth of the relationship and the importance of people-to-people connections. The UK-Nigeria Strategic Partnership is strengthening cooperation in trade and investment, education, defence and security, migration and development, according to the commission. Cultural, family and diaspora links between the two countries also remain important in bringing their citizens closer, the commission added.
The event, themed "GREAT Partners for the Future," brought together Nigerian government officials, business leaders, diplomats and civil society representatives. The reception featured an art gallery showcasing connections between the UK and Nigeria and provided an opportunity for representatives from government, business, culture and civil society to explore areas of collaboration. The commission said both countries were committed to building on their existing relationship to create greater opportunities, prosperity and lasting benefits for their citizens.