In spite of the £3,000 visa row with
Nigeria, the United Kingdom has said it would keep working to be part of
Nigeria’s economic growth.
Speaking in Abuja at a reception for
African Supplies Limited-a UK company – the Deputy High Commissioner of
UK in Nigeria, Mr. Giles Lever disclosed that Nigeria export to the
United Kingdom had risen above the six per cent. Lever said, “The trade volume between
both countries is £4bn as at 2011. We are still expecting the recent
figure because it takes a longer time before it comes. We saw
significant increase in the UK import to Nigeria rising around 6 per
cent per year.” He reiterated that the Memorandum of
Understanding signed by the leaders of both countries in 2011 was to
further strengthen their bilateral ties.
Lever added, “The strength of our
relationship is very high because we have historical, peoples to people
relations with millions of Nigerians in UK contributing enormously to
public growth of UK.
“But we would like to grow more in the
construction sector because Nigeria’s construction sector worth around
$40bn per year and the company we are hosting tonight has been in the
Nigeria market for long time partnering with Nigeria companies and
meeting the demand of Nigeria consumers for high quality building
materials.”
Managing Director of ASL, Mr. Joe
Collins, said the company’s business had grown rapidly since 2000 with
partnerships across 21 sub-Saharan countries, and a turnover approaching
$40m with the growth in excess of 20 per cent per annum.
He said, “Our focus remains on our
existing product range and core markets within our client portfolio. The
construction sector continues to grow and competition to supply is
relentless.
Only by retaining strength in our
products backed by strong branding, and distribution channels strong
local partnerships will we retain and increase our market shares.”
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