Friday, March 29, 2024

Exports, Tech, Others To strengthen UK-Nigeria ties Post-Covid-19

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Experts have predicted that export action of value added products and technology development will strengthen the ties between Nigeria and the United Kingdom post-COVID-19.

They spoke at a webinar on ‘Nigerian-British Bilateral relationship Post COVID-19’ hosted by the Nigerian British Chamber of Commerce.

They emphasised the need for the Nigerian government to create a conducive environment for investment and identified agriculture and mineral resources as other potential industries that would boost Nigeria’s economic growth.

The Vice President, NBCC, Mr Bimbo Olashore, emphasised the need for the government to hamonise exchange rates, focus on infrastructural development, provide a more conducive business environment and intensify diversification of the economy in order to attract investment post-COVID-19.

He said, COVID-19 is giving us an opportunity for us to do things we have always talked about in the past. We have infrastructure and certain business challenges and a number of those things are now being addressed.

According to him, Nigerian businesses can benefit more from the British government by developing value added products for export.