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UK Envoy Says #Brexit vote Presents Nigerian Companies Opportunity to enter UK Market

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John Howell (M) Addressing the NSE

John Howell (M) during the “Bell Ringing Ceremony” at the NSE

John Howell, the United Kingdom (UK) Trade and Investment Envoy to Nigeria, has said that Britain will strengthen its trade ties with Nigeria.

Howell, who made this known at a “Bell Ringing ceremony” at the Nigerian Stock Exchange (NSE), Lagos on Wednesday, said that British Government is ready to invest in Nigerian market.

He said that Nigerian market had a lot of untapped business potential, and stressed the need for more trade collaboration between the two countries.

The envoy added that the recent Brexit vote in UK is a major opportunity for African countries to have more stakes in the UK economy.

“It is also good opportunity for Nigerian companies to get involved in the UK market.

We have to look at the increased prosperity in both sides as being one great thing that I will want to achieve.

The first thing UK government has done is to appoint me as the trade envoy to Nigeria,” he said.

The envoy said that the decision of the UK government showed the importance it attached to Nigeria.

Howell explained that there is a dedicated department in the UK that helps to galvanise business relationships between UK and other trade partners.

He called on the government to leverage opportunities in the capital market to grow the economy.

On the issue of insurgency in Nigeria, Howell assured that UK government will continue to collaborate with Nigeria in tackling Boko Haram and incessant militant attack in North-East and Niger Delta, respectively.

“What you will see is greater focus on the need to make the best of the opportunities that exist here. The assistance Nigeria is getting in fighting corruption and insecurity in the North will continue,” he said.

Photo Credit: Twitter – @nsenigeria

The News Agency of Nigeria (NAN) was established by the Federal Government of Nigeria in May 1976 to gather and distribute news on Nigeria and cover events of interest to Nigeria at the international level for the benefit of the Nigerian Media and the Public.

2 Comments

  1. mylady

    July 28, 2016 at 1:11 pm

    my point from the begininggggggggggggggggggggggggggggg but africans only think of them being sent back home on a boat. nonsense

  2. Brexit

    July 28, 2016 at 2:32 pm

    Said so on here that brexit would offer opportunites for naija/ British trade & Ghana was already looking into this immediately after the brexit vote. I was laughed at and called deluded for thinking the Brits would want to trade with Nigeria! Therein lies your problem, Ghana forges ahead whilst you belittle your country and fail to see opportunities, only thinking about how brexit would impact your personal immigration status etc

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