Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,194,410 members, 7,954,626 topics. Date: Saturday, 21 September 2024 at 02:34 AM

Nigeria Is Number One Importer In Africa, Says WTO - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Nigeria Is Number One Importer In Africa, Says WTO (242 Views)

This Is The Number One Reason You Are Still Broke / Nigeria Becomes Largest Importer Of Gasoline From China / South Africa Says Country Ready To Host 2018 Africa Investment Forum (2) (3) (4)

(1) (Reply) (Go Down)

Nigeria Is Number One Importer In Africa, Says WTO by Minjim: 12:49pm On Apr 16, 2021
Nigeria is the number one importer of commercial services in Africa in 2020, data released by World Trade Organisation showed on Friday.

The Geneva-based international trade organisation ranked Nigeria 25th commercial importer in the world but the first commercial importer in Africa followed by Egypt which was ranked 28th in the world.

While Egypt and Morocco made the list of world exporters led by the United States, Nigeria was conspicuously absent in the global commercial exporters’ list.

The US also ranked first in the commercial importers’ list followed by China, United Kingdom and Japan; while US, UK, China and India topped the exporters’ list.


The Geneva-based international trade organisation ranked Nigeria 25th commercial importer in the world but the first commercial importer in Africa followed by Egypt which was ranked 28th in the world.

While Egypt and Morocco made the list of world exporters led by the United States, Nigeria was conspicuously absent in the global commercial exporters’ list.

The US also ranked first in the commercial importers’ list followed by China, United Kingdom and Japan; while US, UK, China and India topped the exporters’ list.


WTO noted that preliminary estimates were based on quarterly statistics.

“Figures for a number of countries and territories have been estimated by the Secretariat,” it said.

“Data for 2020 are not yet available for the United Arab Emirates. In 2019, commercial services exports were valued at US$72 billion and imports at US$73 billion.”

Nigeria’s former Finance Minister, Dr Ngozi Okonjo-Iweala, is the first African and first female director-general in the 26-year history of the WTO.


https://www.google.com/amp/s/punchng.com/breaking-nigeria-is-number-one-importer-in-africa-says-wto/%3famp

Re: Nigeria Is Number One Importer In Africa, Says WTO by XXXXTENTACION: 12:51pm On Apr 16, 2021
Buhari is doing well....... cool
Re: Nigeria Is Number One Importer In Africa, Says WTO by Minjim: 1:00pm On Apr 16, 2021
We import virtually everything. So apart from crude oil and cocoa, what else do we export?

This FG is just playing lip service to diversification of the economy. They don't even know how to do it or they lacked the political will
Re: Nigeria Is Number One Importer In Africa, Says WTO by SavageResponse(m): 2:58pm On Apr 16, 2021
I'm not surprised
Re: Nigeria Is Number One Importer In Africa, Says WTO by MadelnNigeria: 7:23pm On Jun 13, 2021
Minjim:
Nigeria is the number one importer of commercial services in Africa in 2020, data released by World Trade Organisation showed on Friday.

The Geneva-based international trade organisation ranked Nigeria 25th commercial importer in the world but the first commercial importer in Africa followed by Egypt which was ranked 28th in the world.

While Egypt and Morocco made the list of world exporters led by the United States, Nigeria was conspicuously absent in the global commercial exporters’ list.

The US also ranked first in the commercial importers’ list followed by China, United Kingdom and Japan; while US, UK, China and India topped the exporters’ list.


The Geneva-based international trade organisation ranked Nigeria 25th commercial importer in the world but the first commercial importer in Africa followed by Egypt which was ranked 28th in the world.

While Egypt and Morocco made the list of world exporters led by the United States, Nigeria was conspicuously absent in the global commercial exporters’ list.

The US also ranked first in the commercial importers’ list followed by China, United Kingdom and Japan; while US, UK, China and India topped the exporters’ list.


WTO noted that preliminary estimates were based on quarterly statistics.

“Figures for a number of countries and territories have been estimated by the Secretariat,” it said.

“Data for 2020 are not yet available for the United Arab Emirates. In 2019, commercial services exports were valued at US$72 billion and imports at US$73 billion.”

Nigeria’s former Finance Minister, Dr Ngozi Okonjo-Iweala, is the first African and first female director-general in the 26-year history of the WTO.


https://www.google.com/amp/s/punchng.com/breaking-nigeria-is-number-one-importer-in-africa-says-wto/%3famp


Bro please what's that airtel code

(1) (Reply)

FX Account For Nigerian University Student With Low Budget..!!!! / We Didn’t Default In Servicing Our First Bank Loans – Honeywell / Fracan Wallpaper Limited, Abuja.

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 12
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.