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UAE and Nigeria... promising economic prospects

11 Mar 2021
UAE and Nigeria... promising economic prospects

 

H.E. Dr. ABDULLA ALMANDOOS, Consul General of UAE in Lagos/Nigeria

 

Today, we laud the progression in the bilateral relations between The UAE and Nigeria for nearly 40 years. 
In 2019, The Consulate General commenced its operations in Lagos state - the business hub of Nigeria - generating 50% of Nigeria's non-oil GDP and also 65% of its economic and industrial activities. Lagos is also ranked as having the biggest and busiest port in West Africa. Our bilateral non-oil trade was estimated at $1.45 billion in 2019 reflecting the efficient execution of economic and trade strategies between both countries. We seek to continue collaborating with Nigeria in various key trade and investment sectors.