The United Kingdom is set to formalize a fresh agreement with Nigeria, enabling British lawyers to engage in legal practice within Nigeria.
Today, the United Kingdom is set to forge fresh economic and trade alliances with Nigeria in order to foster new possibilities in key sectors like energy, legal, and financial services.
According to an official statement released by the Department of Business and Trade in the UK, the British Business and Trade Secretary, Kemi Badenoch, along with her Nigerian counterpart, Doris Uzoka Anitie, the Minister for Trade and Investment, will be signing a groundbreaking trade partnership called the “Enhanced Trade and Investment Partnership (ETIP)” with Nigeria.
This agreement marks the first of its kind between the UK and an African country. The statement also highlights the visit of Kemi Badenoch to Nigeria and outlines the activities related to trade and investment discussed during the visit.
“It will see Nigeria commit to working towards removing barriers preventing UK lawyers from practising international and foreign law in Nigeria, a step that could significantly increase UK legal services exports. It will also pave the way for further collaboration in the film and media industry and encourage world-leading UK education providers to offer high-quality education in Nigeria.”
In the period leading up to September 2023, the combined trade value between the UK and Nigeria amounted to an impressive £7 billion ($8.8 billion).