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Eu-nigeria Trade Hits 19.9 Billion Euros by Truth234(m): 5:47am On Sep 21, 2017 |
Multilateral trade between Nigeria and European Union (EU) member states stood at 19.9 billion Euros in 2016, Fillippo Amato, the Union’s Head of Trade and Economic Sector, said yesterday. According to him, the EU remains the top destination for oil and non-oil exports from Nigeria “Despite the significant effect of recession on Nigeria’s trade, EU-Nigeria trade remains strong, standing at 19.9 billion Euros in 2016. The EU official said the success of the Economic Recovery and Growth Plan (ERGP) launched by Nigeria in February depended on active private sector participation. “On the other hand, creating jobs that will stimulate the economy and provide sustainable employment, particularly for young people, is crucial both for the present and future of Nigeria,’’ the envoy said. The sixth EU-Nigeria Business Forum slated for October 5 and 6 in Lagos, with the theme: “Youth as an Engine of Broad-Based Economic Transformation.’’ Amato said the forum would focus on the role of youths in Information and Communication Technology (ICT) and Agriculture, which were key sectors to support the growth and diversification of the Nigeria economy. “The forum will identify the key role of youths in digital economy and potentials of ICT in cross cutting themes and experiences shared from the EU. “It will strengthen EU and Nigeria’s business relations through identification of opportunities in the agribusiness space in creating jobs, boosting exports and addressing local food security problems. “The forum would also identify aspirations of young people, youth organisations and networks in view of the upcoming Africa-EU Summit, he said. http://investorsking.com/eu-nigeria-trade-hits-19-9-billion-euros/ 2 Likes 1 Share |
Re: Eu-nigeria Trade Hits 19.9 Billion Euros by akpur1(m): 5:58am On Sep 21, 2017 |
How come this doesn't have effect on the economy 1 Like |
Re: Eu-nigeria Trade Hits 19.9 Billion Euros by natureem: 7:15am On Sep 21, 2017 |
akpur1:Because change is a process 9 Likes |
Re: Eu-nigeria Trade Hits 19.9 Billion Euros by CHANNELStv2020: 7:17am On Sep 21, 2017 |
WHERE THE MONEY DAY GO?WE NO KNOW, USELESS GOVERNMENT. |
Re: Eu-nigeria Trade Hits 19.9 Billion Euros by yashau(m): 7:20am On Sep 21, 2017 |
good |
Re: Eu-nigeria Trade Hits 19.9 Billion Euros by akpur1(m): 7:23am On Sep 21, 2017 |
natureem:will you keep quiet |
Re: Eu-nigeria Trade Hits 19.9 Billion Euros by Ololanla: 7:24am On Sep 21, 2017 |
Ok |
Re: Eu-nigeria Trade Hits 19.9 Billion Euros by nkwuocha: 7:28am On Sep 21, 2017 |
akpur1: ;��� |
Re: Eu-nigeria Trade Hits 19.9 Billion Euros by Nobody: 7:34am On Sep 21, 2017 |
One Day One Day Monkey Go Go Market E No Go Come Back Again |
Re: Eu-nigeria Trade Hits 19.9 Billion Euros by medolab90(m): 7:38am On Sep 21, 2017 |
next |
Re: Eu-nigeria Trade Hits 19.9 Billion Euros by SurePresident: 7:38am On Sep 21, 2017 |
Going for my portion. |
Re: Eu-nigeria Trade Hits 19.9 Billion Euros by hardywaltz(m): 7:40am On Sep 21, 2017 |
IPOB will not like this. 2 Likes |
Re: Eu-nigeria Trade Hits 19.9 Billion Euros by Nobody: 7:42am On Sep 21, 2017 |
Trade could be heavily weighted in one direction. 97% of Nigeria exports to the EU are oil and gas components http://africabusinesscommunities.com/news/nigeria-eu-trade-volume-hits-€39-billion.html |
Re: Eu-nigeria Trade Hits 19.9 Billion Euros by NtoAkwaIbom(m): 7:46am On Sep 21, 2017 |
Na this same EU wey Ipob want make e join dem.
When EU is reaping big and has business interests here..
Una nefa start 3 Likes |
Re: Eu-nigeria Trade Hits 19.9 Billion Euros by Nobody: 7:48am On Sep 21, 2017 |
akpur1: You people cannot sound sane for once. If you don't understand sound argument based on intellectual facts & principle, why not keep quiet? 4 Likes |
Re: Eu-nigeria Trade Hits 19.9 Billion Euros by dolphinife: 7:53am On Sep 21, 2017 |
Thought EU has placed embargo on Nigeria |
Re: Eu-nigeria Trade Hits 19.9 Billion Euros by Nobody: 8:09am On Sep 21, 2017 |
My advice to the economic team of the government is to be careful about signing the EU Economic Partnership Agreement (EPA) with ECOWAS. Now, only Nigeria is delaying this agreement, Gambia is inconsequential. Despite this figure of trade, there will be unfavourable balance of trade against Nigeria being a developing economy. Our manufacturers must be protected. The industries in Lagos alone are more than the industries in the most industrialised country of ECOWAS. If we now bring the industries in Anambra, you will know that Nigeria has a lot to consider. The other ECOWAS countries have nothing to suffer. EU has been doing various analysis to Nigeria which I believe is to make us to sign this agreement. |
Re: Eu-nigeria Trade Hits 19.9 Billion Euros by natureem: 8:21am On Sep 21, 2017 |
akpur1:I see you've been well served...So I rest my case. |
Re: Eu-nigeria Trade Hits 19.9 Billion Euros by youngbabaj(m): 8:28am On Sep 21, 2017 |
I don't understand anything here,
but am sure we're making progress as a country |
Re: Eu-nigeria Trade Hits 19.9 Billion Euros by greatiyk4u(m): 8:38am On Sep 21, 2017 |
youngbabaj: This is called sincere Ignorance which is dangerous 2 Likes |
Re: Eu-nigeria Trade Hits 19.9 Billion Euros by palladin: 8:55am On Sep 21, 2017 |
Good stuff Check out interesting facts that will blow your mind https://play.google.com/store/apps/details?id=com.hydraapps.factsbook
|
Re: Eu-nigeria Trade Hits 19.9 Billion Euros by lincolnj88: 9:12am On Sep 21, 2017 |
balance of trade deficit... I am sure |
Re: Eu-nigeria Trade Hits 19.9 Billion Euros by 400billionman: 9:58am On Sep 21, 2017 |
Is Nigeria on a Trade surplus or deficit with the EU ? |
Re: Eu-nigeria Trade Hits 19.9 Billion Euros by 400billionman: 10:02am On Sep 21, 2017 |
natureem: So we should concentrate on Bureaucracy and Process instead of Results ? |
Re: Eu-nigeria Trade Hits 19.9 Billion Euros by youngbabaj(m): 11:48am On Sep 21, 2017 |
greatiyk4u: when you're through quoting me, lemme know |
Re: Eu-nigeria Trade Hits 19.9 Billion Euros by natureem: 5:18pm On Sep 21, 2017 |
400billionman:You can focus on whatever you want...what I know is every process do have a end, so wait for it |
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