{"id":337809,"date":"2011-03-25T12:00:08","date_gmt":"2011-03-25T12:00:08","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/03\/25\/nigeria-uk-trade-hits-3-billion-pounds-%e2%80%93-envoy\/"},"modified":"2011-03-25T12:00:08","modified_gmt":"2011-03-25T12:00:08","slug":"nigeria-uk-trade-hits-3-billion-pounds-envoy","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/03\/25\/nigeria-uk-trade-hits-3-billion-pounds-envoy\/","title":{"rendered":"Nigeria-UK trade hits 3 billion pounds \u2013 Envoy"},"content":{"rendered":"
\n

London -Bilateral trade between Nigeria and the United Kingdom hit three billion pounds in 2010, Amb. Dozie Nwanna, Nigeria\u2019s acting High Commissioner to the UK, has said.<\/p>\n

\u201cThe value of bilateral trade between the two countries was on the increase with a current estimate at a total sum of three billion pounds annually,\u201d Nwanna said in an address to the Business Council for Africa (BCA) in London.<\/p>\n

The envoy, who spoke on the state of the \u201cNigerian Economy Today\u201d, however, noted that the trade was dominated by oil and gas as well as commodities and increasingly the service sector.<\/p>\n

\u201cIt is essential that efforts be intensified at further diversification so as to enhance its potential to promote growth and development in the two countries,\u201d he said.<\/p>\n

The ambassador, who noted that Nigeria\u2019s economic growth had been on the positive trend, said this had been made possible due to the relative peace and stability in the Niger Delta.<\/p>\n

\u201cIt is, therefore, not surprising that Goldman Sachs has included Nigeria on the list of the Next 11, the group of countries with potential to be the largest economies in the 21st Century, alongside\u00a0 Brazil, Russia, China and South Africa,\u201d he said.<\/p>\n

Nwanna explained further that the government was determined to ensure the passage of the Petroleum Industry Bill (PIB) by the National Assembly to reinforce and complement the Local Content Act.<\/p>\n

He explained that the PIB was not intended to stifle competition or new direct investments in the sector as some observers had noted.<\/p>\n

\u201cUnder the bill, the Nigerian National Petroleum Corporation will evolve from an organisation hampered by conflicting regulations, managing and operating standards into an internationally competitive company.<\/p>\n

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\nNigeria-UK trade hits 3 billion pounds \u2013 Envoy<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

London -Bilateral trade between Nigeria and the United Kingdom hit three billion pounds in 2010, Amb. Dozie Nwanna, Nigeria\u2019s acting High Commissioner to the UK, has said. \u201cThe value of bilateral trade between the two countries was on the increase with a current estimate at a total sum of three billion pounds annually,\u201d Nwanna said in an address to the Business Council for Africa (BCA) in London<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-337809","post","type-post","status-publish","format-standard"],"yoast_head":"\nNigeria-UK trade hits 3 billion pounds \u2013 Envoy - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/03\/25\/nigeria-uk-trade-hits-3-billion-pounds-envoy\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Nigeria-UK trade hits 3 billion pounds \u2013 Envoy - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"London -Bilateral trade between Nigeria and the United Kingdom hit three billion pounds in 2010, Amb. Dozie Nwanna, Nigeria\u2019s acting High Commissioner to the UK, has said. \u201cThe value of bilateral trade between the two countries was on the increase with a current estimate at a total sum of three billion pounds annually,\u201d Nwanna said in an address to the Business Council for Africa (BCA) in London\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/25\/nigeria-uk-trade-hits-3-billion-pounds-envoy\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/25\/nigeria-uk-trade-hits-3-billion-pounds-envoy\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Nigeria-UK trade hits 3 billion pounds \u2013 Envoy\",\"datePublished\":\"2011-03-25T12:00:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/25\/nigeria-uk-trade-hits-3-billion-pounds-envoy\/\"},\"wordCount\":317,\"commentCount\":0,\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/03\/25\/nigeria-uk-trade-hits-3-billion-pounds-envoy\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/25\/nigeria-uk-trade-hits-3-billion-pounds-envoy\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/03\/25\/nigeria-uk-trade-hits-3-billion-pounds-envoy\/\",\"name\":\"Nigeria-UK trade hits 3 billion pounds \u2013 Envoy - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\"},\"datePublished\":\"2011-03-25T12:00:08+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/03\/25\/nigeria-uk-trade-hits-3-billion-pounds-envoy\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Nigeria-UK trade hits 3 billion pounds \u2013 Envoy - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2011\/03\/25\/nigeria-uk-trade-hits-3-billion-pounds-envoy\/","twitter_card":"summary_large_image","twitter_title":"Nigeria-UK trade hits 3 billion pounds \u2013 Envoy - Ghanamma.com","twitter_description":"London -Bilateral trade between Nigeria and the United Kingdom hit three billion pounds in 2010, Amb. Dozie Nwanna, Nigeria\u2019s acting High Commissioner to the UK, has said. \u201cThe value of bilateral trade between the two countries was on the increase with a current estimate at a total sum of three billion pounds annually,\u201d Nwanna said in an address to the Business Council for Africa (BCA) in London","twitter_creator":"@ghanamma","twitter_site":"@ghanamma","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2011\/03\/25\/nigeria-uk-trade-hits-3-billion-pounds-envoy\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/03\/25\/nigeria-uk-trade-hits-3-billion-pounds-envoy\/"},"author":{"name":"","@id":""},"headline":"Nigeria-UK trade hits 3 billion pounds \u2013 Envoy","datePublished":"2011-03-25T12:00:08+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2011\/03\/25\/nigeria-uk-trade-hits-3-billion-pounds-envoy\/"},"wordCount":317,"commentCount":0,"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2011\/03\/25\/nigeria-uk-trade-hits-3-billion-pounds-envoy\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2011\/03\/25\/nigeria-uk-trade-hits-3-billion-pounds-envoy\/","url":"https:\/\/www.ghanamma.com\/2011\/03\/25\/nigeria-uk-trade-hits-3-billion-pounds-envoy\/","name":"Nigeria-UK trade hits 3 billion pounds \u2013 Envoy - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/#website"},"datePublished":"2011-03-25T12:00:08+00:00","author":{"@id":""},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2011\/03\/25\/nigeria-uk-trade-hits-3-billion-pounds-envoy\/"]}]},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2011\/#website","url":"https:\/\/www.ghanamma.com\/2011\/","name":"Ghanamma.com","description":"News In Ghana - Latest Ghana News Headlines","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/337809","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/comments?post=337809"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/337809\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/media?parent=337809"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/categories?post=337809"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/tags?post=337809"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}