Nigeria & EU Bilateral Trade Volume Reach €25.3 Billion In 2017

The Head of EU delegation to Nigeria and ECOWAS, Mr. Ketil Karlsen has said that the bilateral trade volume between Nigeria and the European Union reached €25.3 billion in 2017.

In his words:

“About 25.3 billion Euro was traded in 2017. There is clear significant surplus in the benefit of Nigeria. Of the trade volume, around 50% more is actually benefitting Nigeria.”

Karlsen, while briefing newsmen in Abuja on the forthcoming Europe Day May 9, said this figure was an increase of 27% from that of 2016, which stood at €19.9 billion.