Nigeria’s trade with other African nations increased by 14% in the first half of the year, following government’s efforts to strengthen regional ties.
According to the comptroller-general of the Nigeria Customs Services, Bashir Adeniyi, trade with the continent increased by ₦600 billion ($415 million) to 4.82 trillion naira in the six months through June.
However, the Federal Government has been working to streamline customs processes and improve transport links with neighboring countries, as it seeks to reduce trade bottlenecks that have long restricted intra-African trade, Bashir said.