Business
Nigeria's government reverses decision: UK lawyers barred from practicing.
February 14, 2024
February 13, 2024
As per the UK Department of Business and Trade, both countries are poised to ink a new partnership to boost cooperation. Dubbed The Enhanced Trade and Investment Partnership (ETIP), it marks the UK's first signing of such a deal with an African nation.
The agreement aims to strengthen ties and facilitate trade and investment between the UK and the involved African country, opening doors to new opportunities for economic growth and collaboration.
British Business and Trade Secretary, Kemi Badenoch disclosed that the agreement would open a lot of opportunities for the Brits as Nigeria is one of the fastest-growing economies in Africa.
“This partnership with Nigeria, the UK’s first with an African country, will allow us to work together and seize the opportunities that lie ahead. Nigeria has one of the fastest-growing economies in the world.
“UK businesses have already seen huge success here and I look forward to seeing how we continue to grow this relationship,” Kemi Badenoch added.
The deal will also see Nigeria commit to taking steps toward reducing barriers that keep UK attorneys from practicing international and foreign law in the West African state.