Nigeria: Baiwa - Nigeria Loses U.S.$6 Billion in Trade With UAE

8 April 2015

The Director General of Nigerian Trade Centre (NTC) in Dubai, Mohammed Baiwa has stated that the volume of trade between Nigeria and Dubai has continued to dwindle as a result of failure of the Nigerian Ambassador to the United Arab Emirates (UAE), Ibrahim Awailu to transfer NTC in Dubai to the Ministry of Industry, Trade and Investment (MITI), as directed by President Goodluck Jonathan in 2012.

Data obtained by THISDAY at the Dubai customs central statistics office, showed that the inflow of trade and investment between Nigeria and UAE has slowed down drastically as a result of the disagreement between Baiwa and Awailu.

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