British High Commissioner to Nigeria, Richard Montgomery, says the trade value between Nigeria and Britain, which currently stands at 7.9 billion pounds (N16 trillion) has hit an unprecedented level.
Montgomery, who made this known in an interview on Wednesday in Abuja, said UK-Nigeria trade and investment relationships are currently being built on a post-Brexit set of rules that bolster trade ties with the potential for mutual economic benefits.
He said Nigeria is one of the countries that benefited the most from Britain’s exit from the European Union (EU), better known as Brexit.
Montgomery said Brexit had allowed more Nigerians to come and live, work, and study in the UK, culminating in the number of diaspora Nigerians in the UK increasing from 300,000 in 2021 to 550,000 in 2025.
“I’d say in relation to the Nigeria-UK relationship, Nigeria has been one of the biggest beneficiaries of Brexit in terms of our visa regime, which has allowed more Nigerians to come and live and work and study in the UK.
