British Excessive Commissioner to Nigeria, Richard Montgomery, has mentioned that Nigeria is without doubt one of the nations that benefited essentially the most from Britain’s exit from the European Union (EU), higher often called Brexit.
The Excessive Commissioner said this in an interview with the Information Company of Nigeria (NAN) on Wednesday in Abuja.
He mentioned that UK-Nigeria commerce and funding relationships are at present being constructed on a post-Brexit algorithm that bolster commerce ties with the potential for mutual financial advantages.
Montgomery mentioned Brexit had allowed extra Nigerians to come back and reside, work, and examine within the UK, culminating within the variety of diaspora Nigerians within the UK rising from 300,000 in 2021 to 550,000 in 2025.
“I’d say within the relations to the Nigeria-UK relationship, Nigeria has been one of many largest beneficiaries of Brexit by way of our visa regime, which has allowed extra Nigerians to come back and reside and work and examine within the UK.
“In 2021, we had an estimate that there have been 300,000 individuals of Nigerian descent or nationality within the UK, a diaspora of 300,000, and now that has risen to 550,000.
“The diaspora from Nigeria has elevated partly due to the post-Brexit immigration regime. So Nigeria has been a giant beneficiary of Brexit,” he mentioned.
The British envoy defined that following Britain’s exit from Europe, the UK has had realignment in its financial relationships and freedom to do commerce offers with wider nations outdoors the EU.
“So, Brexit is one thing that has brought about a realignment in quite a lot of our financial relationships and a few of these might look optimistic and a few of them might look detrimental.
“I feel that general, UK has much more, if you happen to like, independence and freedom to do commerce offers with wider nations outdoors EU.
“In the meanwhile I’d say the obvious instance is that our relationship with the U.S. is especially constructive and is main to those large U.S. investments within the UK due to the financial freedoms enabled by Brexit,” he mentioned
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