Nigeria economy fastest growing in Africa – UK envoy

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The United Kingdom Trade Envoy to Nigeria, Helen Grant, on Saturday said that Nigeria was the fastest growing economy in Africa.

Ms Grant said this at the two-day Nigerian Diaspora Investment Summit (NDIS) organised by Nigerian in Diaspora Commission (NiDCOM), in collaboration with Nigeria Diaspora Summit Initiative (NDSI).

It has the theme: “Post-COVID-19 Economic Resurgence: Targeting Diaspora Investment”.

The ambassador assured that the UK government was ready to enhance trade relations with Africa’s most populous nation.

TheNEwsGuru (TNG) had on Saturday reported how Nigeria entered its second economic recession in five years, also its worst economic decline in four decades.

But the UK official appeared optimistic of the nation’s prospects.

She said that her government was ready to educate, and also learn from, Nigeria by enhancing the bilateral trade between both countries.

She added that UK and Nigeria had so much that unite them, especially in the areas of culture and language, and stressed the need to build on such existing relations to bring about economic growth.