The trade relation between the United Kindom and Nigeria is beginning to yield more dividends for Nigeria, and Nigerian farmers, as well as agro-products producers. This positive development followed the decalration by the United Kingdom to grant duty-free or reduced-tariff access to over 3,000 Nigerian products. The products include cocoa, cashew, and textiles, under its Developing Countries Trading Scheme (DCTS). This move is expected to boost Nigeria’s non-oil exports and strengthen bilateral trade relations between both countries.
Mark Smithson, Country Director for the UK Department for Business and Trade, described the scheme as “one of the most generous trading frameworks in the world.” He encouraged Nigerian exporters to explore the opportunity and leverage the platform for expansion, saying, “The UK is open and looking to do business with Nigeria. Visit the DCTS website and begin your export journey with us.”
